What Is The Value Of Compound Interest?

Compound interest can have a dramatic effect on the growth of an investment. Use this calculator to illustrate the impact of compound interest on the future value of an asset.

     
  Savings and Assumptions

Input

  Initial balance or deposit
  Annual savings amount
  Annual increase in contributions
  Number of years for the analysis
Before tax return on savings: (%)
     
 

Any rate of return entered into the calculator to project future values should be a reasonable average return for the period. Rates of return will vary over time, and generally the higher the rate of return the higher the degree of risk.

The information provided here is to assist you in planning for your future. The accuracy of this calculator and its applicability to your circumstances is not guaranteed. Any analysis is a result of the information you have provided. Material discussed is meant for general illustration and/or informational purposes only and it is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please not that individual situations can vary. Therefore, the information should be relied upon when coordianted with individual advice from qualified professionals.