Compound Interest Calc 4+
Plan | Invest | Retire
Dane Hankamer
Designed for iPad
-
- Free
- Offers In-App Purchases
Screenshots
Description
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!
What’s New
Version 2.4
• *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+
Ratings and Reviews
Best app
Fantastic tool to help calculate your future income, savings or withdrawals.
Simple enough for the average person to understand yet intelligent enough to future plan your future.
Highly recommend.
Good on Phone, not on iPad
The only thing which stops me giving this a 5 star rating is that on the iPad it only works in portrait mode. On the phone it is great. I really like the fact that I can not only do compound growth but also work out how long my fund will last when I model withdrawals. It would be great to choose the currency rather than having everything in $ but this is only cosmetic as the calculations are the same whatever the currency symbol is. My big complaint is that when I run the app on the iPad it forces portrait mode meaning I can’t use in landscape with the keyboard. If I could do this then it would be 5 stars. An option to buy the app to get rid of the ads would also be nice but for me not a big deal.
Google ads
You have completely spoilt the app, adds keep obscuring the fields! Now a waste of time 🤬
App Privacy
The developer, Dane Hankamer, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.
Data Not Linked to You
The following data may be collected but it is not linked to your identity:
- Identifiers
- Usage Data
- Diagnostics
Privacy practices may vary based on, for example, the features you use or your age. Learn More
Information
- Provider
- Dane Hankamer
- Size
- 15.7 MB
- Category
- Finance
- Compatibility
-
- iPhone
- Requires iOS 13.2 or later.
- iPad
- Requires iPadOS 13.2 or later.
- iPod touch
- Requires iOS 13.2 or later.
- Mac
- Requires macOS 11.0 or later and a Mac with Apple M1 chip or later.
- Apple Vision
- Requires visionOS 1.0 or later.
- Languages
-
English
- Age Rating
- 4+
- Copyright
- © 2024 Dane Hankamer
- Price
- Free
- In-App Purchases
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- Remove Ads £1.99