The real rate of return including compounding.
To help you get the most out of your data, Core Data Points Download APY CHAT xlsx
The length of time the money stays in the account. Storylines to Explore The Power of Compounding The real rate of return including compounding
How often interest is added (daily, monthly, quarterly). 000 or $50
Find what APY you need to hit a specific savings goal.
The initial investment or starting balance.
Many accounts have "teaser rates" that drop after a certain balance; use the sheet to see if moving funds is worth the effort. If you'd like to dive deeper into a specific scenario: Initial investment amount (e.g., $5,000 or $50,000) Monthly contribution plan (e.g., $100/month) Target goal or timeframe (e.g., buying a house in 5 years)