Where will you be in 10 years?

Ten years is long enough for compounding to do something, short enough that the projection still feels concrete. This tool takes current savings, an annual contribution, an assumed return, and a target amount, then shows whether you're on track for the decade.

The output is three numbers: the 10-year projected value of your current savings plus annual contributions, the gap to your target, and your on-track percentage. Someone with 20,000 saved adding 6,000 a year at 7% ends up with around 122,000 - on track if the target is 100,000, well short if it's 250,000. The tool shows the gap directly so you can decide whether to contribute more, aim lower, or accept the shortfall.

The projection uses flat annual contributions and a single return rate. In reality, contributions grow with income, returns vary year to year, and targets change with circumstances. Treat the output as a planning baseline, not a commitment. Run it again each year with updated numbers.

Quick example

With current savings/investments of 20,000 and annual contribution of 6,000 (plus annual investment return of 7% and 10-year target amount of 100,000), the result is 122,241.71. Change any figure and watch the output shift — it's often more useful to see the pattern than to memorise the formula.

Which inputs matter most

You enter Current Savings/Investments, Annual Contribution, Annual Investment Return, and 10-Year Target Amount. Not every input has equal weight. Flip one at a time toward extreme values to feel which ones move the needle most for your situation.

What's happening under the hood

Current savings grown at compound return for 10 years, plus annual contributions grown as an ordinary annuity. Gap calculated vs target. The formula is listed in full below. If the number looks off, you can retrace the calculation by hand — that's the point of showing the working.

Using this to think, not predict

Financial plans are wrong by month six — new information arrives and reshapes the picture. The point of running projections isn't to be right in ten years; it's to be less wrong in the decision you're making this week.

What this doesn't capture

Real plans get re-run against new information every year or two. The result here is a reasonable direction, not a destination. Treat it as a starting point for thinking, not a commitment to a specific future.