Estimate the Future Value of Savings, based on the following:

• Starting balance of the account;
• Planned deposit amounts each period;
• Frequency of planned deposits;
• Annual interest rate expected;
• Interest compounding frequency;
• Length of time covered.

NOTE: The calculated future balance can vary due to the assumptions that are built into the chosen formula. For example, the formula used by this calculator assumes that deposits occur at the beginning vs. the end of each period; and this makes a difference in the calculated future balance.