• Initial Investment: If you currently have a balance in your investment account, you can enter it here. If you don’t have any money in an investment account now, but plan to start, you can enter $0 for your starting amount.
• Years of Investment Growth: How many years you plan to keep the money invested. The earlier you start investing, the more years your money has to grow.
• Assumed Annual Return: The annual rate of return you expect to get on your investments, without factoring in inflation, taxes, or fees.
• Annual Contributions: The amount of any contributions you are going to make on a yearly basis. If you want to calculate returns based solely on the starting amount, set this value at $0.
• Your Estimated Investment Balance Is: This is the final value of your investment, based on the numbers you plugged in. You can experiment with different amounts and timeframes to explore a potential investment scenario that best fits your situation.
