INVESTMENT CALCULATOR
How Much Will Your Investment Grow?
Use our free investment calculator to see how compound interest can grow your wealth over time.
Investment Calculator
Total Contributions
$0.00
Interest Earned
$0.00
Final Balance
$0.00
Time to $1 Million
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Period
Balance
Interest Earned
Understanding Your Investment Results
This investment calculator helps you visualize how your money can grow over time through the power of compound interest.
- Total Contributions: The sum of your initial investment plus all weekly, monthly, and yearly contributions.
- Interest Earned: The total profit generated from compound interest (or simple interest, if selected).
- Final Balance: Your total portfolio value at the end of the investment period.
Timing Matters: Deposit timing affects your returns. Start-of-year deposits earn interest immediately, while end-of-year deposits don't earn interest until the following year.
Frequently Asked Questions
How does this calculator work?
It simulates your investment month-by-month. It accounts for exactly when you deposit money (weekly, monthly, or yearly) and applies interest based on your selected compounding frequency.
What is the difference between Simple and Compound Interest?
Simple interest is calculated only on your principal (contributions). Compound interest is calculated on your principal plus any previously earned interest, allowing your money to grow faster.
Why do Weekly contributions earn more than Yearly?
Weekly contributions enter your account sooner. Even if interest is compounded annually, many banks calculate interest based on your average daily or monthly balance, giving weekly depositors a slight edge over end-of-year depositors.
When will I reach $1 Million?
The calculator automatically detects when your balance crosses the $1,000,000 threshold and highlights that year in the table below.
Total Contributions
$0.00
Interest Earned
$0.00
Final Balance
$0.00
Time to $1 Million
--
| Period | Balance | Interest Earned |
|---|
Understanding Your Investment Results
This investment calculator helps you visualize how your money can grow over time through the power of compound interest.
- Total Contributions: The sum of your initial investment plus all weekly, monthly, and yearly contributions.
- Interest Earned: The total profit generated from compound interest (or simple interest, if selected).
- Final Balance: Your total portfolio value at the end of the investment period.
Timing Matters: Deposit timing affects your returns. Start-of-year deposits earn interest immediately, while end-of-year deposits don't earn interest until the following year.
Frequently Asked Questions
How does this calculator work?
It simulates your investment month-by-month. It accounts for exactly when you deposit money (weekly, monthly, or yearly) and applies interest based on your selected compounding frequency.
What is the difference between Simple and Compound Interest?
Simple interest is calculated only on your principal (contributions). Compound interest is calculated on your principal plus any previously earned interest, allowing your money to grow faster.
Why do Weekly contributions earn more than Yearly?
Weekly contributions enter your account sooner. Even if interest is compounded annually, many banks calculate interest based on your average daily or monthly balance, giving weekly depositors a slight edge over end-of-year depositors.
When will I reach $1 Million?
The calculator automatically detects when your balance crosses the $1,000,000 threshold and highlights that year in the table below.