Monthly Investment Plan: Turn $30/Month Into $26,318 After 25 Years

Posted by Guest Author under Investing on July 19, 2016

Know the future value of $30 monthly investment that earns 8 percent annually within 25 years. A guide on how to turn your $30 monthly investment into $26,318 after 25 years. Maybe you will ask, I can invest more than $30 per month, why the heck you are talking about the future value of $30 per month investment? Not all people can invest $30, most people don’t even have an interest to invest money for their future.

Imagine having extra $26,318 after 25 years. It will be a big help because when that time comes, your needs will surely change. Investing favors the early birds. If you will invest lately, you will no longer get any benefits to the effects of compound interest. Why not invest today and reap your profits later.

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As an inspiration, let me share the future value of $30 monthly investment whether you are investing in stocks or mutual funds. The average interest you can earn should be 7-8 percent per year.

Monthly Investment Plan: Turn Your $30 Into $17,182 Up to $19,751 After 25 Years

I use a monthly compound interest calculator to know the future worth of the investment. If you will invest $30 per month that earns 5 percent per year, you will have a total savings of $17,182.00 after 25 years.

If your $30 monthly investment will earn at least 6 percent per year, you will have a total savings of $19,751.00 after 25 years. And if your $30 monthly investment will earn 7 percent per year within 25 years, your savings will be $22,770.

Through compound interest, even you will have only a small investment, you can gain more profits especially if you have a long investment horizon. Invest in long term in stocks, mutual funds and bonds.

Monthly Investment Plan $30 Future value

Monthly Investment Plan: Turn Your $30 Into $26,318 After 25 Years

If your $30 monthly investment will earn 8 percent per year, you will have a total savings of $26,318 after 25 years. In 25 years, you saved only $9,000 but you get a total interest of $17,318.00

Amazing isn’t it? Take advantage of compound interest. Invest a small amount of money for your future. But before you invest, you should ask yourself how much money you really need to retire comfortable and ask yourself about your TEA or target earning asset during your retirement.

You can have a monthly investment in mutual funds and stocks. That way, you are taking advantage of dollar cost averaging. Now you have a clue about the effects of compound interest. Have your own monthly investment plan. You don’t need to start to invest using large amount of money. You only need small amount in order for you to discover the best monthly investment plan. Spend some time to read InvestmentTotal.com investing guides in stocks, mutual funds and bonds.

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