Project the possible future value of equal monthly investments over a chosen period.
Future value uses the ordinary-annuity formula with monthly compounding and assumes each contribution is made at the end of the month.
Explore how consistent monthly investing and time may affect a long-term goal.
Investing 5,000 each month for 10 years at an assumed 12% annual return produces a projected value above the 600,000 contributed, but actual market results will vary.
A systematic investment plan is a method of investing a regular amount at recurring intervals.
No. Market returns can be higher, lower or negative, and fees and taxes can reduce the final value.
