Investment Calculator
Find out how much your money can grow with the power of compound interest if you start investing early.
Your Investment Plan
Initial Investment
How much money you want to start investing with
Please input a value
Monthly Contribution
Amount that you want to add to your investment every month
Please input a value
Years to Grow
Number of years you intend to stay
invested
Maximum value is 3050 years
Rate of Return
The average annual rate of return on your investment is
Please input a value
%Estimated Investment Value
$
Your investment growth
| Year | Beginning Bank Balance | Annual Contribution | Total Annual Contributions | Interest Earned* | Total Interest Earned* | End Bank Balance |
|---|
What is Compound Interest?
Compound interest is the interest you earn on your principal and the interest you’ve accumulated each year.
When you invest your money, you’ll earn interest (or returns) on your money. If you continue to keep your principal and your interest invested each year, compound interest allows your investments to grow even faster over time than if you were to just keep your initial principal invested but withdraw your returns.
Disclaimer
This calculator is designed to be an informational and educational tool only, and when used alone, does not constitute financial advice. The Simple Sum is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. The Simple Sum is not responsible for any human or mechanical errors or omissions that may occur too. Do consult a financial services professional before making any investments.
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