Investment Growth

Compound interest calculator

Project a starting balance and a regular contribution. Fees come off the return, and today's dollars show what the result buys after inflation. Tax and contribution room are left out, so the same return grows any account the same way.

Ending value$877,641$484,520 in today's dollars
Money put in$268,408$25,000 to start + $243,408 deposited
Investment growth$609,23369% of the ending value
Short of the goal$122,359Target $1,000,000 after 30 years.
Money put in 31%Growth 69%

A 0.20% fee costs $34,894 over 30 years. With no fee the portfolio finishes at $912,535.

Balance over time
The shaded area is the portfolio in future dollars. The dashed line is every dollar you put in, including the starting balance. The gap is investment growth.
Year by year
Deposits, growth, and the end-of-year balance in future dollars. Money in includes the starting balance.
YearDepositedGrowthMoney inBalance
1$6,000$1,919$31,000$32,919
2$6,120$2,462$37,120$41,500
3$6,242$3,050$43,362$50,792
4$6,367$3,686$49,730$60,846
5$6,495$4,374$56,224$71,715
6$6,624$5,118$62,849$83,457
7$6,757$5,921$69,606$96,136
8$6,892$6,789$76,498$109,816
9$7,030$7,724$83,528$124,570
10$7,171$8,732$90,698$140,473
11$7,314$9,819$98,012$157,606
12$7,460$10,989$105,473$176,055
13$7,609$12,249$113,082$195,914
14$7,762$13,605$120,844$217,281
15$7,917$15,064$128,761$240,261
16$8,075$16,632$136,836$264,969
17$8,237$18,318$145,072$291,524
18$8,401$20,130$153,474$320,055
19$8,569$22,076$162,043$350,701
20$8,741$24,166$170,784$383,608
21$8,916$26,410$179,700$418,934
22$9,094$28,819$188,794$456,847
23$9,276$31,404$198,070$497,527
24$9,461$34,177$207,531$541,165
25$9,651$37,151$217,182$587,967
26$9,844$40,341$227,025$638,151
27$10,041$43,760$237,066$691,952
28$10,241$47,426$247,307$749,620
29$10,446$51,355$257,753$811,421
30$10,655$55,565$268,408$877,641
Assumptions & limitations
  • Returns are annualized and compound monthly. A 7% return with no contributions leaves the balance 7% higher after a year.
  • Fees come off the annual return before compounding. A 7% return and a 0.20% fee compounds at 6.80%.
  • Contributions stay flat through the year, then rise by the annual increase at each anniversary.
  • Beginning deposits the contribution before that period's return. End deposits it after.
  • Today's dollars divide each balance by inflation since the start, and value each deposit by the purchasing power it had when it went in.
  • The goal is a nominal balance. The year shown is the first year-end at or above it.
  • Taxes, contribution limits, and the path of returns are left out. A TFSA, RRSP, FHSA, and non-registered account with the same return grow the same amount here.
  • This is an educational model, not financial advice. Past returns don't decide what you earn next.