How do you plan to reach your investment goal?

  • The amount of money you plan to build up to through investing and compound growth.
    $
  • The date when you plan to withdraw your money.
  • The amount of money you’ll start with.
  • The amount of money you can regularly invest after your initial contribution.
  • How frequently you can contribute additional money to your investment.
  • The average growth you expect to earn on your investment.
    %
  • How often your rate of return is compounded and applied to your investment. For example, bonds are commonly compounded semi-annually, while guaranteed investment certificates and non-registered savings accounts may be compounded daily.
  • The number of months or years before you plan to withdraw your money.

Results

Your plan
Your contributions:
Your compounded returns:
Total value of your investment:
New Stacked Area Chart with caption "Compounding interest savings"12345$0$1.2K$2.4K$3.6K$4.8K$6KTotal valueYear$1.7K$2.5K$3.4K$4.4K$5.5KYour contributionsTotal interest earnedCompounding interest savings
Year Annual investments Total investments Annual returns Total returns Total value
1 $ 1,600 $ 1,600 $ 133 $ 133 $ 1,733
2 $ 600 $ 2,200 $ 210 $ 343 $ 2,543
3 $ 600 $ 2,800 $ 295 $ 637 $ 3,437
4 $ 600 $ 3,400 $ 388 $ 1,025 $ 4,425
5 $ 600 $ 4,000 $ 492 $ 1,517 $ 5,517