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Stop Smoking and Save Calculator

Stop Smoking and Save Calculator

After doing my "cheap lunch" calculator, Bob Farrell suggested a "stop smoking" calculator. This sounded like a good idea, even though I realized as a non-smoker that I had no idea how much cigarettes cost these days. Luckily Bob told me a pack costs about $2.50 where he lives (Richmond, VA), but they can be a lot more elsewhere.

My default investment return is 6.5%

Have fun!

Cigarette Price per Pack: $
Packs Smoked Per Day:    
Smoking Days per year    
Years to Calculate    
Investment Yield:     %

Yield must be between 4 and 50 % with default of 6.5%

YearStarting BalanceEarningsNon-Smoking Savings Ending Balance
1 0 0.00 875.00 875
2 875 56.88 875.00 1,807
3 1,807 117.45 875.00 2,799
4 2,799 181.96 875.00 3,856
5 3,856 250.66 875.00 4,982
6 4,982 323.83 875.00 6,181
7 6,181 401.75 875.00 7,458
8 7,458 484.74 875.00 8,817
9 8,817 573.12 875.00 10,265
10 10,265 667.25 875.00 11,808
 
 
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