Compound Interest Strategy for College Savings

See how compound interest can grow college savings over time.

This example assumes investing $500 per month for 18 years at a 7% annual return.

Open Compound Interest Calculator (Investment Growth)

See long-term scenarios

See calculator scenarios

Complete Compound Interest Guide

Related Resources

• 7% Compound Interest Table
• 7% Compound Interest Chart
• 7% Return Scenario
• Starting Age Scenarios

Example Investment Scenario

Example scenario using compound interest:

• Monthly investment: $1,000
• Expected return: 7%
• Investment horizon: 30 years

Estimated future value: ,219,971

Run your own scenario in the Compound Interest Calculator (Investment Growth)