Savings
Calculator
See how a starting balance, regular contributions, and compound interest work together over time. Or run it in reverse — enter a savings goal and find out exactly how much you need to set aside each month to get there.
| Year | Balance | Interest Earned | Contributions | Progress |
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This calculator is for educational and illustrative purposes only. Results are hypothetical and do not guarantee future savings outcomes. Interest rates fluctuate and are not guaranteed. Taxes on interest income are not reflected. Actual compounding methods and fees vary by institution.
When entering a rate, note that banks typically advertise APY (Annual Percentage Yield), which already reflects the effect of compounding. Entering an APY with a daily compounding setting will overstate results. When in doubt, select Annual compounding when using your bank's advertised APY.
Advisory services and securities offered through Lincoln Investment, Registered Investment Adviser, Broker-Dealer, Member FINRA / SIPC. lincolninvestment.com