This calculator helps you determine the required monthly investment to achieve your financial goal in the United States by considering compound returns over time.
P = FV × r / ((1 + r)n – 1)
Where P = monthly investment, FV = future value (goal), r = monthly rate, n = total months
To reach a goal of $100,000 in 15 years at a 10% annual return, you’ll need to invest approximately $266 per month.