Visualize your financial future. see how your savings grow over time with compound interest.
Historically, the stock market averages about 7-10% (inflation adjusted).
Total At Age 65
$2,376,362
Growth Period: 35 Years
Total Principal
$470,000
Total Interest
$1,906,362
Based on a standard 4% annual withdrawal rate.
Starting early is the most important factor in building wealth. The money you invest earns interest, and then that interest earns interest on itself. Over 30 or 40 years, this exponential growth (compound interest) can account for the majority of your total savings.
A common rule of thumb is the 4% Rule: you should be able to withdraw 4% of your total portfolio value in the first year of retirement, and then adjust that amount for inflation each subsequent year, without running out of money for at least 30 years.
This calculator estimates your future portfolio value and shows you the monthly income it could generate using this rule.