Investment Length Calculator - How Long to Reach Your Financial Goals
Investment Length Calculator
Investment Timeline Results
Investment Term
Monthly Additional Deposits
Total Additional Deposits
End Balance
Total Interest Earned
Initial Balance
Effective Annual Rate
Interest from Initial Investment
Interest from Additional Deposits
Annualized Return (CAGR-Compound Annual Growth Rate)
Detailed Investment Growth Analysis
Investment Performance Overview
How Long Will It Take to Turn $500k Into $1 Million?
With a 7% annual return compounded monthly, it will take approximately 10 years to turn $500,000 into $1 million.
How Long Does It Take to Grow 100k Into 1 Million?
At a 7% annual return compounded monthly, it takes approximately 33 years to grow $100,000 into $1 million.
If You Contribute $2,000 Each Month, How Long Will It Take to Reach $100,000?
With a principal of $5,000.00 and monthly contributions of $2,000.00 at the end of each period, it will take 3 years and 7 months to reach your target of $100,000.00
| Annual Return Rate | Monthly Investment $1000, time required | Monthly Investment $2000, time required |
|---|---|---|
| 3% | 7 years and 1 month | 3 years and 9 months |
| 3.5% | 6 years and 11 months | 3 years and 9 months |
| 4% | 6 years and 9 months | 3 years and 8 months |
| 4.5% | 6 years and 9 months | 3 years and 8 months |
| 5% | 6 years and 7 months | 3 years and 8 months |
| 5.5% | 6 years and 6 months | 3 years and 7 months |
| 6% | 6 years and 5 months | 3 years and 7 months |
| 6.5% | 6 years and 4 months | 3 years and 6 months |
| 7% | 6 years and 3 months | 3 years and 6 months |
| 7.5% | 6 years and 1 month | 3 years and 6 months |
| 8% | 6 years | 3 years and 5 months |
| 8.5% | 5 years and 11 months | 3 years and 5 months |
References
Government Resources
- Investor.gov - U.S. Securities and Exchange Commission
- SEC: Ten Things to Consider Before You Make Investing Decisions
- U.S. Treasury - Daily Treasury Yield Curve Rates
- Federal Reserve - Selected Interest Rates
- Bureau of Labor Statistics - Consumer Price Index (Inflation Data)
- Social Security Administration - Average Wage Index
Educational Resources
Related
Write Reply