What the projection includes
The estimate combines your starting balance, monthly contributions and monthly compound growth. Contributions are assumed to be made at the end of each month.
Interest assumptions
The annual rate is divided into monthly periods for this estimate. Real accounts can compound on a different schedule and may have variable rates, fees, taxes or contribution limits.
Compare scenarios
Try changing one input at a time. A longer period often has a large effect because earlier interest can earn further interest, while higher monthly contributions increase the amount you control directly.
Planning, not a promise
The result is a mathematical projection, not a guaranteed return or financial recommendation. Confirm product terms and consider qualified advice before making an important financial decision.