Compound Interest Calc

Plan | Invest | Retire

78 reviews

With Ads

Business

Finance

Free

In-App PurchasesWith Ads

About Compound Interest Calc

Released
Updated
iOS Version
Age Rating
Size
Devices
Languages

April 23, 2020
January 4, 2025
13.2+
4+
15.01MB
iPhone, iPad, iPod
English

Features

Apple silicon support

Developer of Compound Interest Calc

Dane Hankamer

🧾$1.99

In-App Purchase↘︎

📦~ in 2 months

Updates frequency↘︎

📝7+ topics

Topics↘︎

📌15 available

Review highlights↘︎

🖼️Download

Icons↘︎

Anyone can become 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!

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Summary of user reviews

Positive highlights

🔢

This app hasEasy to use and understand compound interest calculations

📊

This app hasVisually compelling graphs and year-on-year breakdowns

🔍

This app hasAbility to model different investment and withdrawal scenarios

🧠

This app hasHelps visualize the power of compound interest

🧭

This app hasUseful for financial planning and retirement projections

🤑

This app hasMotivating to see potential investment growth over time

🧠

This app hasIntuitive interface and simple inputs

🔒

This app hasNo subscription or ads (one-time payment to remove ads)

🚀

This app hasFast and efficient calculations

Negative highlights

🔢

This app hasIssues with accuracy of calculations, especially for weekly/monthly/annual contributions

📱

This app hasDoesn't work well on iPad (only in portrait mode)

💰

This app hasLacks ability to account for dividends, large purchases, or other income sources

🔍

This app hasDoesn't save user inputs when switching between modes

🙄

This app hasExcessive ads that obscure the app's functionality

🔒

This app hasNo option to change currency

What's New in Compound Interest Calc

2.4

June 24, 2024

• *NEW* Withdrawal Mode feature: increase periodic withdrawal amounts over time to account for inflation • *NEW* Info Icons: click for definitions of each input field • Minor updates for iOS 17.5+

Reviews of Compound Interest Calc

Most Recent Highest Rated Lowest Rated

Scaling issues

Great app that saves time--i no longer am constantly googling "retirement calculator". However, it doesn't display correctly on my iphone mini. Some of the fields are cut off on my display, so I can't use them. I paid for the app because I thought it may have been due to ads pushing the graphics down, and that did help slightly, but I still can't access all of the fields.

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vigy74