
See how disciplined contributions and compounding can build wealth over time.
| Year | Opening balance | Contributions | Interest earned | Closing balance |
|---|---|---|---|---|
| 1 | $10,000 | $6,000 | $815 | $16,815 |
| 2 | $16,815 | $6,000 | $1,236 | $24,051 |
| 3 | $24,051 | $6,000 | $1,682 | $31,733 |
| 4 | $31,733 | $6,000 | $2,156 | $39,889 |
| 5 | $39,889 | $6,000 | $2,659 | $48,548 |
| 6 | $48,548 | $6,000 | $3,193 | $57,741 |
| 7 | $57,741 | $6,000 | $3,760 | $67,501 |
| 8 | $67,501 | $6,000 | $4,362 | $77,863 |
| 9 | $77,863 | $6,000 | $5,001 | $88,864 |
| 10 | $88,864 | $6,000 | $5,680 | $100,543 |
| 11 | $100,543 | $6,000 | $6,400 | $112,943 |
| 12 | $112,943 | $6,000 | $7,165 | $126,108 |
| 13 | $126,108 | $6,000 | $7,977 | $140,085 |
| 14 | $140,085 | $6,000 | $8,839 | $154,923 |
| 15 | $154,923 | $6,000 | $9,754 | $170,677 |
| 16 | $170,677 | $6,000 | $10,726 | $187,403 |
| 17 | $187,403 | $6,000 | $11,757 | $205,160 |
| 18 | $205,160 | $6,000 | $12,852 | $224,013 |
| 19 | $224,013 | $6,000 | $14,015 | $244,028 |
| 20 | $244,028 | $6,000 | $15,250 | $265,278 |
| 21 | $265,278 | $6,000 | $16,560 | $287,838 |
| 22 | $287,838 | $6,000 | $17,952 | $311,790 |
| 23 | $311,790 | $6,000 | $19,429 | $337,219 |
| 24 | $337,219 | $6,000 | $20,998 | $364,216 |
| 25 | $364,216 | $6,000 | $22,663 | $392,879 |
For illustration only. Assumes a constant rate of return and contributions made at the start of each period. Actual investment returns will vary and are not guaranteed. This tool does not account for taxes, fees, or inflation.

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