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MAGIC OF COMPOUNDING

Retirement Age Calculator

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$ : mm/dd/yyyy

Use this calculator to calculate the compounding return over a particular period of time (with interactive charts).

If you use this calculator you can understand the Power of Compounding.

Suppose that if you want 10 lakh and current age is 30 years and you want to invest Rs 3000/ month.

Then in how much time you will get Rs 10 lakh

Monthly Investment = Rs 3000

Rate of Interest = 12%

Your Current Age = 30 years

If you calculate it you will get the following results

You will get Rs 10 lakh at the age of 42 years or after 12 years

Here you only have to invest = Rs 4, 44,000

And remaining = 5, 64,000 came as an interest

Here you can see the power of Compounding.

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