Online Financial & Investment Calculators
Compound Interest Calculator
The Power of Compound Interest
Albert Einstein reportedly called compound interest the ‘eighth wonder of the world.’ When you invest in the S&P 500 (average ~10% annual return), your returns generate their own returns. $500/month invested for 30 years at 10% grows to over $1,000,000 — but you only deposited $180,000. The remaining $820,000+ came from compounding.
How to Maximize Compound Growth
Use tax-advantaged accounts: max out your 401(k) (especially employer match — it’s free money), Roth IRA ($7,000/year), and HSA. Invest in low-cost index funds and reinvest all dividends. The earlier you start, the more powerful compounding becomes.
Our Accounting Services
Auditing
We deliver thorough and dependable professional auditing services tailored to meet the unique needs of public entities, educational institutions, not-for-profit organizations, and small businesses.
Bookkeeping & Payroll Processing
We provide your small business with full service bookkeeping and payroll processing, including direct deposits, payroll reports, tax planning, business planning, and more.
Tax Prepartion & Planning
We work to make sure your year-end taxes are done properly so you get the tax refund you're entitled to. For your peace of mind, we'll complete your electronic filing for you.
Contact Us
Quality auditing, accounting, payroll, and tax services from Corson, Peterson & Hamann S.C. in Sheboygan, Wisconsin.