How to Use an Investment Growth Calculator to Reach Your Savings Goals

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There’s no shortage of advice when it comes to investing. Some people would call you smart for putting your money into a high-yield savings account. Others might claim you're throwing away extra cash if you're not diving into the stock market. So what is the best way to reach savings goals through investment? The answer depends on your individual situation — and there are tools to help you narrow down the right options. Using an investment growth calculator is an excellent way to compare investment options and figure out how much money you stand to make over time.