Investing

Compound Interest Calculator

See exactly how your money grows over time — principal, contributions, and compounding, all together.

Investment details

$
$
%
Final balance
$0
Total contributed
$0
Total interest earned
$0

Balance over time

ContributionsInterest
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How compounding builds wealth over time

Compound interest means you earn returns not just on what you put in, but on the returns you've already earned — the effect accelerates the longer money stays invested. Enter a starting amount, an optional monthly contribution, an expected annual return, and a time horizon to see the year-by-year breakdown between what you contributed and what compounding added on top.

Frequently asked questions

There's no guaranteed rate — many long-term planning estimates use 6-8% for a diversified stock portfolio, but actual returns vary year to year and aren't guaranteed. Try a few rates to see a range of outcomes.

It matters less than people expect — monthly versus annual compounding on the same rate typically changes the final result by a small amount compared to the effect of the rate itself or the time horizon.

Each year's interest is calculated on a larger balance than the year before, so the dollar amount of interest earned compounds and accelerates the longer the money stays invested — this is most visible in the later years of a long time horizon.

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Compound Interest Calculator · part of MyNiftyToolbox
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