Our CAGR investment calculator helps you see how much you can earn based on your investment. Hopefully, this will motivate you to start your investment early!
We have our investment calculator to help you get on with the investment business. Use this to drive some investment scenarios, and see that the long-term benefits of investing regularly will help you build your wealth.
CAGR Investment calculator
See how much wealth your investment can create
We built this investment calculator with compound interest. It will show you in simple terms the long-term impact that investing will have on your money.
It is extremely used. You will only need to supply four numbers:
Your initial investment
How much will you invest every month
Expected annual growth rate
Years you invest
You will see how much money you will have at the end of your investment period, in which your contribution is in years.
By showing you the future value of investments made in the present, expect that you will be motivated to start investing now – even if you don’t know much about investing.
What should be your goal before investing
Before investing, you create a financial roadmap. This includes setting your goals, whether they are short term or long term (or both), and your risk tolerance.
Many times, it is not easy to decide all this and it is important for you to set your priorities.
Why you should invest
As you might expect, there can be many reasons for this. Let’s understand them.
To build long term wealth
Even if you are employed or do some of your work and earn a high income, it is still just one component of wealth. The second is the money you create in the long run. Building long-term wealth is primarily to make choices in your life. Options also increase with the increase of money.
For example, you may want to change your career, or start a new business, or set aside some time to give a new dimension to your life. If you only have a few thousand rupees, this is not possible. But if you have a well-invested portfolio, it will be very easy to do so.
As traditional defined benefit pension plans are becoming increasingly rare, you will need to rely on income from multiple sources. This would include a minimum, a monthly social security benefit, as well as regular disbursements from tax-dependent retirement plans.
To beat Inflation
It is not enough to just add money to your bank account and it is also important to keep it safe. Inflation eats away your money slowly. Even if your principal money of your savings is safe, they too will gradually be eradicated from inflation. You should avoid this loss of your money. The only way to do this is by investing your money.