In three easy steps you’ll be well on your way to achieving your goal.
I Want To Renovate My House
STEP 1: HOW DO YOU WANT TO GET THERE?
STEP 2: everyone has a goal. What’s yours?
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I Want To Buy a New Gadget
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I Want To Save for my Kids
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I Want To Go on a Holiday
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I Want To Buy a New Car
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I Want To Buy a Boat
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I Want To Save for my Retirement
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I Want To Do Something Else
STEP 3: select your goal details
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Conservative
* Kindly make sure all fields have been filled-in.
Calculator Rationale
This goal calculator aims to determine the monthly contributions per month needed the reach a desired target amount. You can choose a desired target value or a specific target date. Calculations are based on an initial amount and a specified interest rate for monthly compounding.
- The target result is the monthly amount to be invested for the specific amount and target date.
- Interest rate is assumed to be compounded monthly at the end of the month.
- Deposits are assumed to be made at the beginning of the month.
- The calculations do not include transactions fees, taxes or inflation considerations.