Retirement Investing: Target Nest Egg Calculator
The Target Nest Egg Calculator shows you how much you would need to invest annually, monthly or weekly to achieve a specific investment goal.Here is a simple example. Suppose that you want to have a one million dollars in 20 years. Assume an annual rate of return of six percent. You would reach your goal by investing:
- $2,153.54 at the beginning of each month,
- $497.24 at the beginning of each week.
use the Recurring Investment Calculator to see you how much money you would accumulate for different annual, monthly or weekly investments given a specified annual rate of return and number of years of investments.