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Compound Growth Calculator

See how much you can earn on your investments over time with compound growth, and what it will take to meet your investment goal.

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How do you plan to reach your investment goal?

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    The amount of money you plan to build up to through investing and compound growth.
    $
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    The date when you plan to withdraw your money.
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    The amount of money you’ll start with.
    $
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    The amount of money you can regularly invest after your initial contribution.
    $
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    How frequently you can contribute additional money to your investment.
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    The average growth you expect to earn on your investment.
    %
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    How often your rate of return is compounded and applied to your investment. For example, bonds are commonly compounded semi-annually, while guaranteed investment certificates and non-registered savings accounts may be compounded daily.
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    The number of months or years before you plan to withdraw your money.

Results

Your plan
Your contributions:
Your compounded returns:
Total value of your investment:
Your plan

You need to invest $ 
to reach your goal of $ 
by ,

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What we can do for you
Your MD Advisor can help you to maximize your investments to ensure that you meet your goals throughout medical school, residency, into practice and retirement.
Contact an MD Advisor
Marc Ranger
Senior Financial Consultant, MD MedEd CounselTM
Ontario Region

Assumptions
This tool calculates the value of your investment at the frequency of the compounding period that you choose. Any additional contributions are applied immediately at the beginning of the period. Detailed results are displayed by year, regardless of the contribution or compounding frequencies you select. If you have selected a target date where the final year is partial (for example, your target date is two years and three months from now), the final year displayed in the results may appear to grow at a slower rate, but that is only because it is not a full year.

This tool is intended to show growth of investments before income tax is applied.

This calculator rounds to the nearest dollar.