WildComb Simulation
What does compound interest do to my money?
With US$10,000 to start and US$200 a month, this calculation stands at US$90,163 after 15 years at 7 % a year.
Assumptions: US$10,000 to start, US$200 a month, 7 % a year, 15 years, compounded once a year, before costs and taxes.
Out of US$46,000 paid in, this simulation stands at US$90,163 after 15 years, US$44,163 of it from returns.
The simulator opens on the values of this example. Time turns freely, the other numbers with Pro.
Simulation, not a forecast and not investment advice.
wildcomb.appCompound interest means the returns of one year are invested too and earn returns of their own the year after. The effect is small at first and grows every year, because the base it works on grows.
In the example you pay in US$46,000. The other US$44,163 come from returns and returns on returns alone, 49 % of the final amount. The return is an assumption, not a promise.
Frequently asked
How is compound interest calculated here?
Compounded once a year, the monthly amount paid at the start of each month, before costs and taxes. The method is written out on the simulator's method page.
What return is realistic?
Nobody can predict it. The simulator shows reference figures such as inflation and past market returns so you can place your own assumption.
What does more time change?
Under the time dial the simulator says what one more year adds at the end. In this example it is more than a year of monthly payments brings in.
Calculation: WildComb Simulation, the same functions as the simulator. Method
nominal · before costs and taxes · amounts in USD