Savings Calculator - PeoplesChoice Credit Union | Biddeford, Saco, Sanford, Wells, Maine

Savings Calculator - PeoplesChoice Credit Union | Biddeford, Saco, Sanford, Wells, Maine



Here is an excellent website for calculating gains on your investments.  For example, a lot of people want to know what the future holds.  You also need to be planning for a secure future.  By using the People's Choice Credit Union dividend calculator at the top the the web page, you can get an idea of your future savings amount.



For example, if you want to use the dividend calculator as a capital gain calculator, you can estimate how much money you will make from your best stocks in a certain number of years.  If you invest $10,000 in a stock that is gaining 20% per year for a period of 4 years, you will double your money over that time.  All you have to do is enter the initial dollar amount in the calculator, the expected dividend or return, and the number of years.  Then, click on the dividends earned box for the result.



You can speculate on all sorts of scenarios with the calculator.  For example, if you invest $50,000 in stocks that gain an average of 20% per year over 10 years, you will have $309,586 in just 10 years.  If you invest $100,000 and you make a return of 35% over 10 years, you will have $2 million after this period.  This is the way to plan for retirement.  You must invest in the best stocks and then calculate the money you will earn under different percent return scenarios.  In this way, you will be planning rather than just guessing at what your future might hold.