Compounder 4+
A compound interest calculator
Adam Maliborski
Designed for iPad
-
- Free
- Offers In-App Purchases
Screenshots
Description
Calculate compound interest with ease using the Compounder Tool. This is a smooth and intuitive compound interest calculator (aka FIRE Calculator) that helps you calculate and plan out your future earnings so you can achieve Financial Independence and Retire Early. Start planning to stop working today.
Without a doubt, compounding interest is the most important concept to know to help you achieve financial independence earlier. At its most basic, compounding interest is a money multiplier. It is the money you earn for free from your money and is a key cornerstone in being financially independent.
Everyone can take advantage of compounding interest, and you can start immediately. For example, let’s say you invest $100 each month with a 10% overall return each year (compounding quarterly). After 30 years, you’ll have saved $36,000. How much money do you think you would have earned from compounding interest? $60,000? $80,000? You earned over $180,000; making your total savings of $36,000 worth over $220,000 at the end of the 30 years (more than 6 times the amount you had saved).
The Compounder calculator allows you to not only plan and calculate long and short-term savings potential, but also theory craft the impact of a flat taxation rate and inflation on your retirement goals.
Features included:
- Calculate the amount of money you could accumulate with your compound interest based investment
- Yearly interest rate up to 100%
- Multiple options for compounding frequency (daily, two-weekly, monthly, quarterly, 6-monthly, yearly)
- Multiple options for duration of your investment (daily, weekly, monthly, yearly) to account for a broader range of investment avenues, including crypto
- Unlike most other compound interest calculators, the Compounder includes both deposit and withdrawals in the one calculation to give a more complete picture of your finances
- Display graph and detailed table view
- Advanced settings include:
• the ability to pre-set a starting figure.
• enter a basic (flat) tax rate, with an option for a tax-free threshold.
• set inflation to apply to your withdrawals.
- Basic formula explanations included
What’s New
Version 1.1.1
Thank you for using Compounder.
In this version we addressed a series of issue related to rendering and switching between the chart and details view on this compounder results screen.
Fixed an issue relating to text size rendering.
Adjusted the result details screen to render with larger text and also allow vertical and horizontal scrolling to all of the results can been viewed.
Adjusted the method of switching between the chart and details view on the result page to use a toggle switch instead of swiping.
App Privacy
The developer, Adam Maliborski, 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 Used to Track You
The following data may be used to track you across apps and websites owned by other companies:
- Location
- Identifiers
- Usage Data
- Diagnostics
Data Linked to You
The following data may be collected and linked to your identity:
- Location
- Identifiers
- Usage Data
- Diagnostics
Data Not Linked to You
The following data may be collected but it is not linked to your identity:
- Diagnostics
Privacy practices may vary, for example, based on the features you use or your age. Learn More
Information
- Seller
- Adam Maliborski
- Size
- 35 MB
- Category
- Finance
- Compatibility
-
- iPhone
- Requires iOS 12.0 or later.
- iPad
- Requires iPadOS 12.0 or later.
- iPod touch
- Requires iOS 12.0 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
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English
- Age Rating
- 4+
- Copyright
- © 2022 BiteSizedApps
- Price
- Free
Supports
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Family Sharing
Some in‑app purchases, including subscriptions, may be shareable with your family group when Family Sharing is enabled.