Recurring investing · Chart · Lump Sum

Dollar Cost Averaging Calculator

Turn a monthly investment into a 5, 10 or 20-year wealth picture—and see what time can really do.

Build your DCA plan

Every input updates the projection instantly.

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USD
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years
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Projected final value$382,269.77Nominal value after annual fees
Total contributions$125,000
Investment gains$257,270
Today's purchasing power$257,257
Effective annual return9.78%
DCA growth by yearYear 20
DCA portfolio: $382,270Contributed capital: $125,000Lump sum: $807,932
$0$201,983$403,966$605,949$807,932NowYear 20
Show year-by-year values
Show year-by-year valuesDCA portfolioContributed capitalLump sum
Now$5,000$5,000$125,000
Year 1$11,753$11,000$137,225
Year 2$19,167$17,000$150,646
Year 3$27,306$23,000$165,379
Year 4$36,241$29,000$181,553
Year 5$46,050$35,000$199,309
Year 6$56,818$41,000$218,801
Year 7$68,639$47,000$240,200
Year 8$81,617$53,000$263,691
Year 9$95,863$59,000$289,480
Year 10$111,503$65,000$317,792
Year 11$128,673$71,000$348,872
Year 12$147,521$77,000$382,991
Year 13$168,213$83,000$420,448
Year 14$190,929$89,000$461,567
Year 15$215,866$95,000$506,709
Year 16$243,242$101,000$556,265
Year 17$273,296$107,000$610,668
Year 18$306,289$113,000$670,391
Year 19$342,508$119,000$735,955
Year 20$382,270$125,000$807,932
Lump Sum comparison: The Lump Sum line assumes the full amount planned for all future contributions is available and invested today. It is an opportunity-cost comparison, not an extra source of money.

Explore several return assumptions to see how contribution discipline, fees and time reshape the outcome.

How does DCA turn consistency into growth?

Each month, the calculator adds your chosen contribution and applies the monthly rate equivalent to the effective annual return. The contributed-capital line shows what you put in; the gap to the portfolio line is investment growth.

Net return = (1 + annual return) × (1 − annual fee) − 1

Inflation-adjusted value divides the ending balance by cumulative price growth, expressing future wealth in today's purchasing power.

Reading the DCA and Lump Sum chart

  • DCA: initial capital, monthly investments and accumulated growth.
  • Contributed capital: the cash actually added over time.
  • Lump Sum: all planned capital invested on day one, relevant only when that cash is genuinely available.

This comparison does not forecast market volatility. It isolates how long the money compounds under a constant-return model.

Source and practical use

Investor.gov defines DCA as investing equal portions at regular intervals regardless of market ups and downs.

Try three return levels, inspect fees and inflation, then choose a contribution you can sustain. A durable plan is more useful than an attractive scenario that cannot be maintained.

Frequently asked questions

What is dollar-cost averaging?

DCA means investing a fixed amount on a regular schedule regardless of whether markets are rising or falling. This calculator models monthly purchases.

How is the Lump Sum line calculated?

It assumes the initial investment plus every planned future contribution is already available on day one and invested immediately. It is an opportunity-cost comparison.

How are fees applied?

The effective return multiplies the growth factor by the share of assets left after fees: (1 + return) × (1 − fee) − 1.

Does beginning or end of month matter?

A beginning-of-month contribution receives one extra month of growth. Small periodic differences can compound over a long horizon.