Compound interest can have a dramatic effect on the growth of an investment. Use this calculator to illustrate the potential impact of compound interest on the future value of your assets.
Investment Details
Results
Investment Breakdown
Future Value
"Compound interest is the eighth wonder of the world. He who understands it, earns it…he who doesn't, pays it."
- Albert Einstein
This is a hypothetical example used for illustrative purposes only. It is not representative of any specific investment or combination of investments. This worksheet provides estimates based on certain assumptions. It is not intended to provide specific investment advice. The results are not a guarantee of performance or specific investment advice. The rate of return on investments will vary over time, particularly for longer-term investments. Investments that offer the potential for high returns also carry a high degree of risk. Actual returns will vary.
Related Content
Helpful Retirement Strategies for Women
Learn how to address the challenges that women face when planning for retirement.
Best-Performing Asset Classes
Bonds may outperform stocks one year only to have stocks rebound the next.
Is a SEP-IRA Right for Your Business?
For some, the idea of establishing a retirement strategy evokes worries about complicated reporting and administration.