Monday, March 12, 2018

159) How Much Future Value You Can Expect

159) How Much Future Value You Can Expect To Get?


 
Do you know how much you will get if you put certain amount of initial investment and continues to add on monthly basis?

With the monthly Direct Debit Instruction (DDI) you invested, can you achieve your goals?

You need to calculate and estimate the yearly Returns to know whether your monthly savings or investments can grow to the amount you want.

Is it possible to get $500,000 if you start with $10,000 and invest $1,000 regularly for 10 years? Let's say your investments give an average annual return of 8%.

If you are not sure, than you need to calculate the estimated value after 10 years.

How about you want to compare different combinations of:
1) Initial amount
2) Monthly amount 
3) Return rates
4) Period of years

Now there is an Excel file already created for you. Use and share it around.

Another way of using this file is estimate the total assets you will accumulate by listing all of them.
Use the current market price or NAV of your assets as the Initial Opening Amount.


There is the Total column to show the Total Asset Value of your investments.
This template is in the 2nd tab named "Assets".


You can download the Excel file from the link below:

https://drive.google.com/open?id=1Rn8NsjPkULzFECrp61VV1sgJBlGaGhZU

Other Links to: 

Invest & Expenses for Retirement Plan 
http://highlevelrules.blogspot.my/2017/09/invest-expenses-for-retirement-plan.html

Invest & Expenses for Education Plan
https://highlevelrules.blogspot.my/2017/09/invest-expenses-for-education-plan.html

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