Is Your Savings Plan Actually Working?

Time Value of Money Calculator v6.2.2

Purpose: Diagnose whether your savings plan is actually working—and tell you exactly what to change if it isn't.

What This Tool Does Differently

Free online calculators give you a number and leave you to figure out what it means. This tool answers three questions:

• What am I actually doing? — See your current trajectory with brutal clarity
• What's it costing me? — Quantify the gap between where you are and where you could be
• What do I change TODAY? — Get one specific action, not a generic list of tips

You'll also get a reality check on whether your plan is achievable for someone your age, milestone tracking to stay motivated, and routing to specialized tools based on what your results reveal.

The Math Behind It

Every calculation uses industry-standard Time Value of Money formulas with monthly compounding:

• Future Value: FV = PV(1+r)ⁿ + PMT[(1+r)ⁿ-1]/r
• Payment: PMT = (FV - PV(1+r)ⁿ) / [(1+r)ⁿ-1]/r
• Time: Iterative month-by-month calculation
• Rate: Newton-Raphson iteration method

Assumptions

• Monthly compounding of returns
• Contributions made at end of each month
• Constant return rate (no volatility modeled)
• No taxes, fees, or inflation adjustments
• Affordability based on typical income for age group

Important Disclosures

• This tool provides educational information and general guidance only. It does not constitute personalized financial advice.
• Past performance does not guarantee future results. All investments carry risk, including possible loss of principal.
• Consult with a qualified financial advisor before making investment decisions.
• Raymond Sura is a licensed financial professional (CRPC®, EA) but this tool does not create an advisor-client relationship.

What's Really Going On With Your Money?

Most people guess at their financial future. This tool replaces guessing with clarity by answering the question that's been nagging you:

• "Will I actually be okay?" → See exactly what your current plan produces
• "Can I afford my goal?" → Find out what it really takes monthly
• "Am I being realistic?" → Learn if your expectations match reality
• "How long is this going to take?" → Get your actual timeline, not a guess

Why This Isn't Just Another Calculator

Free online calculators give you a number. This tool tells you what that number means for your life—and what to do about it.

More Than Just a Number

You won't just get an answer—you'll understand exactly what's driving it and what it means for your future.

Your Personalized Diagnosis Includes:

• What you're doing RIGHT — Get credit for the smart moves you're already making
• What's costing you money — See the specific behaviors holding you back, quantified in dollars
• Reality check — Is your plan actually achievable for someone your age and income?
• Milestone map — When you'll hit $100K, $250K, $500K, and millionaire status

The math is precise. The insights are personal.

One Action, Not a List of 50 Tips

Generic advice doesn't work because it's not about YOU. Based on your specific numbers and situation, you'll get:

• Your Priority Action — The ONE thing that will move the needle most for your situation
• This Week — A specific step you can take in the next 7 days
• This Month — How to build momentum
• Mistakes to Avoid — Common traps for people in your situation

Take It With You

Save your results as a JSON file to revisit later, or print a professional PDF report with your complete diagnosis and action plan.