WildComb Simulation
What does US$30 a month for a grandchild grow to?
US$30 a month from birth grows to US$11,484 by the 18th birthday at 6 % a year in this calculation.
Assumptions: US$30 a month from birth, 6 % a year, until the 18th birthday, before costs and taxes.
Out of US$6,480 paid in, this simulation stands at US$11,484 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.appGrandparents think in long stretches of time, and that is where compound interest works: of US$11,484, US$6,480 was paid in and US$5,004 came on top.
NextGen turns this into a card with the year of birth, the year of arrival and the amount, without the child's name. It can be sent to the parents.
Frequently asked
Can I give an amount once a year as a grandparent?
Yes, NextGen has a dial for an amount once a year, on top of the monthly payment.
Who manages the money?
That is a legal and tax question the calculation does not answer. NextGen only works out the amount.
Is this guaranteed?
No. It is a calculation with an assumption, not a forecast.
Calculation: WildComb Simulation, the same functions as the simulator. Method
nominal · before costs and taxes · amounts in USD