Monthly deposit to reach $10,000
Starting from zero, here's roughly how much you'd need to invest each month to hit $10,000, depending on your timeframe and average annual return:
| Timeframe | 5% return | 7% return | 9% return |
|---|---|---|---|
| 5 years | $147/mo | $140/mo | $133/mo |
| 10 years | $64/mo | $58/mo | $52/mo |
| 15 years | $37/mo | $32/mo | $26/mo |
| 20 years | $24/mo | $19/mo | $15/mo |
| 25 years | $17/mo | $12/mo | $9/mo |
| 30 years | $12/mo | $8/mo | $5/mo |
For example, to reach $10,000 in 20 years at a 7% return, you'd invest about $19/month.
Reach your goal faster
- Time is your biggest ally — starting earlier slashes the monthly amount needed.
- Automate deposits so you never miss a month.
- Higher (but realistic) returns dramatically reduce what you must contribute.
Assumes steady returns and no taxes. Real markets vary. Not financial advice.