Bank Interest vs. Mutual Fund Growth
Bank Interest vs. Mutual Fund Growth
The following chart shows the annual return on an investment in five-year increments. If you were to begin saving now, an amount of $100 per month, the following chart details your possible investment return showing a variety of percentages and years.Â
|
Annual Return |
5 Years |
10 Years |
15 Years |
20 Years |
25 Years |
|
1.5% Bank Account |
$6,226 |
$12,938 |
$20,171 |
$27,968 |
$36,372 |
|
5.0% Money Market Fund |
$6,800 |
$15,528 |
$26,728 |
$41,103 |
$59,550 |
|
10.0% Stock Mutual Fund |
$7,743 |
$20,484 |
$41,447 |
$75,936 |
$132,683 |
Your thoughts on this subject? Your comments appreciated!
Content © Rich Brott, 2011
