Target Nest Egg Calculator
How much do you need to invest each week, month or year to accumulate a given dollar amount, say one million dollars? The target nest egg calculator will help you find the answer and it's very easy to use. Just enter the dollar amount that you want to accumulate, the number of years you have to do it and an annual rate of return.
The Target Nest Egg Calculator shows you how much you would need to invest weekly, monthly or once a year to achieve your goal.
Here is a simple example. Suppose that you want to have two million dollars (Investment Goal:) in 20 years. Assume an annual rate of return of six percent. You would reach your goal by investing: $995.63 each week; $4,328.62 each month or a $54,369.11 lump sum once each year for the 20 years. Investing at the weekly interval lets you reach your target with the fewest dollars invested.
If you have 40 years to accumulate your money, you would need to invest much less: $230.59 each week; $1,004.27 each month or $12,923.07 once a year would get you there.
On the calculator form, enter only numbers (with or without decimal points).
Do not enter currency symbols like dollar signs, commas or percent signs.