📋 Enter Your Details
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How much you're investing today
%
Historical avg: ~7% for index funds · ~4–5% for GICs
yrs
How many years you'll let it grow
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%
Used to show your balance in today's dollars · Bank of Canada target: 2%
📈 Final Balance After 0 Years
$0
Nominal value · See inflation-adjusted below
Your Contributions
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Money you put in
Interest Earned
$0
Pure compound growth
Return on Investment
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Total ROI
Inflation-Adjusted Value
$0
In today's dollars
Interest % of Total
0%
How much is pure growth
Effective Annual Rate
0%
With compounding effect
Your money doubles in 0 years (Rule of 72)
🏆 Growth Milestones
📊 Growth Over Time
Total Balance
Your Contributions
Interest Earned
🔁 Compounding Frequency Comparison
See how much extra you earn by compounding more frequently — same rate, same contributions.
📅 Year-by-Year Breakdown
| Year | Contributions | Interest Earned | Total Interest | Balance |
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💡 Compound Interest Tips
🚀 Start as Early as Possible
Investing $5,000 at age 25 grows to ~$75,000 by retirement at 7%. Waiting until 35 yields only ~$38,000. Time is your most valuable asset.
🍁 Use Registered Accounts First
Compound interest is most powerful inside a TFSA (tax-free growth) or RRSP (tax-deferred growth). Never pay tax on gains you don't have to.
📉 Minimize Fees
A 2% MER fee on a $100K portfolio costs you over $200,000 over 30 years in lost compound growth. Low-cost ETFs (0.1–0.2% MER) make a huge difference.
🔄 Automate Contributions
Set up automatic transfers on payday. Bi-weekly contributions of $250 vs monthly $500 can add thousands over decades due to more frequent compounding.