WildComb Simulation
What does a custodial account with US$100 a month grow to?
With US$100 a month from birth, the account stands at US$38,281 at the 18th birthday at 6 % a year in this calculation.
Assumptions: US$100 a month from birth, 6 % a year, until the 18th birthday, before costs and taxes.
Out of US$21,600 paid in, this simulation stands at US$38,281 on the 18th birthday.
The tool opens on its own starting values. Set your numbers and watch the result move.
Simulation, not a forecast and not investment advice.
wildcomb.appA custodial account is an account held for a child. In numbers it is a savings plan over eighteen years: US$21,600 paid in, US$16,681 from compound interest.
Which account, which costs and which taxes apply is a question for the provider and your own papers. NextGen works out the amount, not the product.
Frequently asked
Whose money is it?
That is a legal question the calculation does not answer. NextGen only works out the amount.
Are costs and taxes included?
No. The calculation is nominal, before costs and taxes.
Can I add gifts of money?
Yes, NextGen has dials for birthdays, holidays and godparents, once a year each.
Calculation: WildComb Simulation, the same functions as the simulator. Method
nominal · before costs and taxes · amounts in USD