Exploration · Compound interest
Your number.
Pick a retirement target and a starting age. Watch the monthly contribution you’d need swing wildly as you slide the start-age.
I want to retire with
At age
Starting age25
You would need to invest
$381/mo
Every month, starting at 25, at 7% average annual return, to reach $1.00M by age 65.
About the average cell-phone bill.
What if I started at…
Assumes 7% average annual return, monthly compounding. Real returns vary; 7% is a conservative long-run US-equity average. Doesn’t account for taxes, inflation, or employer match.