Tools
Compound Interest Calculator
The calculator helps you estimate the growth of your wealth over time.
How much can my investments grow?
How to use Pearler's Compound Interest Calculator
If you're investing your money, you likely want to know how much it'll grow in the coming years. This is where Pearler's Compound Interest Calculator can help. The Compound Interest Calculator estimates the amount your wealth could increase over a particular period, based on the power of compound interest.
Step-by-step guide to using Pearler's Compound Interest Calculator
1. Plug in all the information related to your investment: the initial investment amount (also known as the deposit or principal), the investment period in years and/or months, and the expected interest rate as a percentage.
2. Next, add the amount you'll regularly invest - either each week, each month or each year.
3. Based on everything you've submitted, you'll then see a column chart with your results.
What to expect from your results
You'll be able to view how much your initial investment could prosper over the next six months, the next 12 months, the next five or 10 years, or even over the next five decades.
Overall, the column chart gives you a projection of your wealth growth over time, along with an estimated final dollar value.
Each column provides a month-by-month or year-by-year breakdown of your initial investment versus how much you've invested that year and your total investment return.
Below the column chart, you can also see your initial investment, total investment contributions over the period and your expected return in dollar values.
You can also toggle each of the inputs - like your original principal amount, the investment period or your regular investment contributions - to see how they affect the outcome.
Keep in mind that the results are purely an estimate - not a forecast. There are numerous factors that can affect the actual outcome, such as interest rate changes, fluctuations in your regular investment amounts, withdrawals and whether you sell any shares.
Before making a financial decision, you're always best getting professional advice from a licensed financial adviser.
Compound Interest Calculator - FAQ
What is compound interest?
How can I earn compound interest?
What are the benefits of using the Compound Interest Calculator?
Who should use the Compound Interest Calculator?
Is the Compound Interest Calculator accurate if I am using an average interest rate?
How do I calculate the compound interest without a calculator?
What is the formula to calculate compound interest per year?
How do you calculate a compound interest on a monthly basis?
How do I calculate the compound interest on a daily basis?
Disclaimer
The information provided in this calculator is only a model to show you how long you need to invest for to achieve your goal, based on several factors. It is not a prediction and relies on assumptions, such as interest rates, that may vary and change the actual outcome.
The results shown are only estimates and are not intended to be relied on when making a financial decision. Consider whether to get advice from a licenced financial adviser before making any financial decision.
We encourage you read more about the assumptions and limitations of this calculator by clicking here