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Investment Growth Calculator

Explore the arithmetic of a fixed annual return compounded monthly. This is an educational scenario—not a forecast of investment performance or spendable income.

Your inputs

Enter a hypothetical fixed-return scenario. Actual returns are variable.

$
$
%
years

Portfolio value after 5 years

$15,303

$77/mo return equivalent at the entered rate

Total contributions$13,000
Investment earnings+$2,303
Money multiplier1.18x
YearBalanceContributionsEarningsMonthly return equivalent
Year 1$3,529$3,400+$129$18
Year 2$6,214$5,800+$414$31
Year 3$9,064$8,200+$864$45
Year 4$12,090$10,600+$1,490$60
Year 5$15,303$13,000+$2,303$77

Transparent calculation

Formula, example, sources, and limits

This tool is a planning aid. Its output is the arithmetic implied by your inputs, not a forecast, quote, tax calculation, or professional recommendation.

Formula used

next-month balance = current balance × (1 + annual rate ÷ 12) + monthly contribution

Worked example: Starting with $1,000, adding $200 at the end of each month, and entering a constant 6% annual return for five years produces a modeled balance of about $15,303. The displayed $77 monthly figure is only the entered annual rate divided by 12 and applied to that balance.

Assumptions you control

  • The entered annual return stays constant and compounds monthly.
  • Each contribution is added at the end of the month after that month's modeled return.
  • The monthly return equivalent applies the same entered rate to the ending balance; it is not a promised distribution.

Important limitations

  • Real investments fluctuate and can lose value; this model contains no volatility or adverse years.
  • Fees, taxes, inflation, sequence-of-returns risk, contribution timing, and withdrawal rules are excluded.
  • Do not use the result as an expected return, retirement plan, or investment recommendation.

Sources and further reading

Method last updated: July 11, 2026Read our research methodology or report a correction.