Looking to grow your wealth over time? Our free Investment Calculator helps you estimate how much your money could grow based on your current savings, monthly contributions, and expected annual return. Whether you’re saving for retirement or building long-term wealth, this tool gives you a clear picture of your investment growth potential.
"You don't need to be wealthy to start. You need to start to build wealth."
This calculator estimates the future value of your Investment using compound interest principles and user-defined contributions. It’s a simple way to visualize long-term financial planning and explore how small, consistent savings can lead to big outcomes.
Current Age: Your present age is used to determine the investing timeframe.
Retirement Age: The age you plan to stop working and start withdrawing savings.
Initial Investment Amount: The total amount you currently have invested.
Monthly Contribution: The amount you plan to invest each month moving forward.
Expected Annual Return: Enter your projected yearly investment return (e.g., 8%–12% for S&P 500 or mutual funds).
Compounding Frequency: Select the frequency at which your Investment grows (annually, quarterly, monthly, etc.).
Once entered, the calculator will display:
Estimated Retirement Savings
Breakdown of Growth vs. Contributions
Alternative Scenarios (e.g., what happens if you contribute an extra $100 or $200/month)
Whether you’re a beginner or an experienced investor, our tool is helpful for:
Our calculator is designed for educational use and applies to users in the USA, but can be helpful to globally with custom settings.
Let’s say:
At retirement, you could accumulate over $1 million, depending on market conditions and contribution consistency. This illustrates the power of compounding, especially when started early.
It’s a financial tool that helps you estimate the future value of your investments using compound interest formulas. It factors in your current Investment, contributions, interest rate, and compounding period.
Compound interest grows your Investment faster because interest is calculated on both your initial principal and accumulated interest over time.
Returns vary by investment type. Historically, the S&P 500 averages around 10% annually. Conservative mutual funds may return 5%–7%. Adjust based on your strategy.
Yes. This tool is suitable for SIPs (Systematic Investment Plans), mutual funds, index funds, and general market investments. Ensure that your input accurately reflects the average returns and frequency.
No. This calculator shows pre-tax and fee-free estimates. To account for taxes, check the IRS capital gains tax guidelines.
This site provides general information for educational purposes only and does not constitute financial, legal, medical, or professional advice. calckits.com makes no warranties as to the accuracy or reliability of results. Always consult with a qualified professional for personalized guidance.