Calculators

This calculator shows you how long it will take you to reach a savings goal.

How much is the initial deposit
How much will you deposit monthly ($)
Average rate of return on investment (%)¹
Average annual inflation rate (%)²
What goal would you like to reach ($)³


You will reach your goal in
In today's $s, because of inflation, the final amount is worth ($)
If you take the capital of
and invest at rate of return of (%)⁴
This will provide monthly income before tax of
or, an annual income before tax of


¹ 3% is a (fairly) high rate of return. ² Inflation, is currently less than 4%. Note: Inflation is currently low, choose whatever rate you wish, but we think 3% is fair as an average You may change the rate of inflation and the rate of return to what ever rates you think will apply over the number of years you select. We suggest rates between 3% and 5%. ³ Similarly the $1m is our default wealth goal. You can change this to whatever final figure you want. ⁴ You may change the rate of return to any value you like

Emerson Randell Young, Accountants, Sydney, Australia