Investing $1,000 every month at a 7% average annual return grows to $1,219,971 in 30 years. You contribute $360,000 in total, and compound interest adds $859,971.

Key Numbers

• •Total after 30 years at 7%: $1,219,971
• •Total contributions: $360,000
• •Interest earned: $859,971
• •Starting with a $10,000 lump sum as well: $1,301,136