Investment Needed to Achieve Goal

You can use this calculator to calculate whether the taxpayer achieves a financial goal based on the amount of the initial and periodic investments plus other criteria. If the taxpayer does not achieve the goal, the application provides recommendations for achieving the goal.

To open this calculator, click Calculators in the toolbar, and then click Other Investment > Investment Needed to Achieve Goal in the left panel.

You can export the data as a PDF file or clear all data that you entered. For more information, see Financial calculators.


A taxpayer currently has $10,000 and invests $500 a month for 10 years, with an annual rate of return of 8%. Will he achieve his goal of having $100,000?

Field Input
Investment goal $100,000
Initial investment $10,000
Each investment $500
Investments per year 12
Years of investments 10
Annual rate of return 8%

In this example, the taxpayer would exceed his goal of $100,000. The total accumulated amount will equal $113,669.46. 

Internal notes


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