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Calculate how long it takes to reach a savings goal with monthly contributions and investment returns.
Even small increases compound significantly. Try raising monthly contributions by $100 to see how many months it removes.
Use 4–5% for conservative bond-heavy portfolios, 6–8% for balanced portfolios, and up to 10% for equity-heavy assumptions.
No. To account for inflation, subtract the inflation rate from your expected return to use a real return rate.