Save $1,000 a month for 25 years
Future value (at 7% / yr)
$810,072
You contribute
$300,000
Investment growth
$510,072
Total payments
300
Putting away $1,000 every month for 25 years (300 deposits) at an assumed 7% annual return, compounded monthly, grows to about $810,072. Of that, $300,000 is money you paid in and $510,072 is compound growth.
Assumes a constant 7% annual return compounded monthly and level contributions. Real returns vary; this is an illustration, not financial advice.
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