Investment Calculator
Investing is key to growing wealth, achieving financial goals, and ensuring a secure retirement. It’s a strategy to beat inflation, preserve purchasing power, and contribute to economic growth. However, understanding and managing investment risks is essential for success.
Let’s look at two different scenarios. Let’s say two friends had 10k available in 2010.
Friend #1 put that 10k in a general saving account with an interest rate of .25%.
Friend #2 invested that 10k in the S & P 500.
Friend #1, who put $10,000 in a savings account with a 0.25% interest rate would have $10,250 today. This is calculated by multiplying the original investment by the interest rate and then adding that amount to the original investment.
Friend #2, who put $10,000 in the S&P 500 in 2010 would have $25,388.30 today. This is calculated by taking the original investment and multiplying it by the total return of the S&P 500 from 2010 to 2023. The total return of the S&P 500 from 2010 to 2023 is 153.883%.
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