Compound Interest Calc 4+

Plan | Invest | Retire

Dane Hankamer

Designed for iPad

    • 4.8 • 3.8K Ratings
    • Free
    • Offers In-App Purchases

Screenshots

Description

Anyone can be a millionaire if they start investing today. Compound Interest Calc uses a predictive formula to compute the future value of your money.

Imagine you start with a $1000 investment and contribute $400/month at 10% interest annually (same average interest rate as S&P 500/Composite index since 1926). After 40 years you will have $2.58 MILLION. 10 more years and you've earned $7.08 MILLION! This is the power of compound interest.

Features included:
- Calculate future value of your money using the compound interest formula
- Easily toggle between Growth and Withdrawal modes
- Interactive graph of investment value over time
- Table display of investment value by year
- Persistent values when switching between modes
- Flexible contribution frequency options: yearly, quarterly, monthly, weekly
- Includes guide for a guaranteed comfortable retirement!

What’s New

Version 2.3

• Now available on Mac (Apple silicon)
• Guide for Guaranteed Retirement included
• New option to remove ads
• Minor updates for iOS 16.5+

Ratings and Reviews

4.8 out of 5
3.8K Ratings

3.8K Ratings

stretch in cincy ,

A MUST for anyone interested in how compound interest can work for you!

This has become a necessity in planning how much you want in retirement; in terms of (1) how big you want your nest egg to be when you begin retiring, and (2) how long will it last at your desired distribution amount, or how much will be left to your heirs at any year during the withdrawal period. As a current electrical engineer and former part time trainee in financial services, it confirms what I learned in the $ and calculus classes and I can’t help playing with the numbers in each of the entry fields to see what results from each scenario. This would help give any low risk to aggressive investor usually all foreseeable options. This can be used to teach kids how to become retirement millionaires even if they never make more than a lower median income through their working years. I had just read the developer’s background, so I knew someone intelligent was behind the app I had been looking for for sometime.

luke5105 ,

Game Changing!

Simple, user friendly, fast, and efficient! This app is phenomenal for getting a quick look at what my money could be. In today’s world, we’re always looking for instant gratification and feedback in everything we do. Investing is a game of patience, which is tough for many fast moving Americans to comprehend- but now that changes with this app! You get instant feedback on what the future could be, and it will greatly benefit the average person looking for a promising future through investing instead of putting it all on black. Must download!

Gumpalump ,

So easy a blonde can do it

Game changing app for someone like me who doesn’t know a lot about the ins and outs of investing. Too often, I hear about the possible amount of money I’m capable of saving, however it can be challenging to follow as the numbers get larger. With this app, I’m able to see the money grow over time with the graph feature. This is an entirely new ballgame as a recent college graduate, and is pretty motivating to start saving and investing. Thanks Dane for making compound interest finally make some cents🤑

App Privacy

The developer, Dane Hankamer, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Not Linked to You

The following data may be collected but it is not linked to your identity:

  • Identifiers
  • Usage Data
  • Diagnostics

Privacy practices may vary, for example, based on the features you use or your age. Learn More

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