This calculation is for illustrative purposes only. Results are based on an assumed 6% compound rate of interest.
This illustration is hypothetical, demonstrates the effects of a 6% rate of return and is not guaranteed at any time. No taxes are taken into account. The compounding concept is hypothetical, for illustrative purposes only and is not intended to represent performance of any specific investment, which may fluctuate. No taxes are considered in the calculations; generally withdrawals are taxable at ordinary rates. You can lose money by investing in securities.