Using the investment journey calculator you calculate how much your investments will grow
over a period of time.
The parameters which have an impact on the final investment value are the initial
investment, periodic contributions,
contribution frequency, the expected growth and the duration. Due to the factored in
compound interest, the investment value grows exponentially over time.
An investment journey is usually characterized by a shift in risk tolerance and availability
of
money over the course of a lifetime. In certain phases of a life,
investors are more willing to take risks and expect higher returns while in other phases,
security
and the protection of accumulated wealth is the main focus.
Similarly, in certain phases of life, investors have more money available to invest while in
others
less. This concept is integrated into the investment journey calculator
in the form of "phases" for which you specify the parameters for the specified duration.
Parameters:
- Initial Investment - The initial amount of money you start your investment
journey
with
- Periodic Contribution - The amount of money you want to add to your
investments in
the specified contribution frequency
- Contribution Frequency - How often you want to contribute the specified
periodic
contribution
- Annual Growth - The expected rate at which your investments grow annually
(e.g. MSCI
World: 8,08 % in the past 10 years)
- Duration - The amount of years you plan to follow this investment phase
