Compound Interest Calculator

Initial Investment ($):
Annual Contribution:
Interest Rate (%):
Compound Rate:
Years of Growth:

Compounding interest is very powerful. At an interest rate of 2%, every dollar saved today will be equal to $2.70 in 50 years.

As described in chapter 2 of Wealthing like Rabbits, earnings generated from interest will overtake contributions by a significant amount if given the time to do so.