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The best way to secure your financial future is to start saving today. Use this calculator to explore five strategies to enhance the growth of your investments. Each strategy on its own can make a significant impact. Combining all five strategies has an even greater impact.
1. Increase your regular investment amount
The best growth in your investments will be achieved when you invest as much as possible in each of your working years.
2. Invest at the start of the month or year
Your investment will grow to a larger value simply by changing the time of year or month when you invest.
3. Start investing early in life
Investing early in your career, even if you start with smaller amounts, is one of the best ways to grow your investments.
4. Invest longer by retiring later
Retiring later, even by a few years, can add extra growth to your investments.
5. Earn a higher rate of return
Earning a higher rate of return, even by 1% or 2%, can make a big difference over the long term. Stay within your risk tolerance level when seeking investments with higher returns.
Use this calculator to estimate the future value of your savings by changing the investment amounts, rates of return and years of growth.