Free Calculator  ·  No Signup  ·  Daily Compounding Formula

Small Contributions.
Generational Wealth.

A Dollar a Day + Compounded Daily = Generational Wealth.

Enter your numbers and see the exact daily compounding math — the same formula serious long-term investors use.

Daily Compounding Calculator
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yrs
How to use this calculator
Initial Investment — a lump sum you already have (or leave at $0). It compounds daily for the full period regardless of your chosen interval.
Regular Contribution — the amount you add on each interval (e.g. $5 every day).
Contribution Interval — how often you contribute, which sets the matching compounding frequency:
Daily — 365 contributions/year · compounded 365× using the daily rate (r ÷ 365)
Weekly — 52 contributions/year · weekly rate = (1 + r/365)7 − 1
Monthly — 12 contributions/year · monthly rate = (1 + r/365)365/12 − 1

Inflation Adjustment — defaults to Nominal (what you will have). Select an inflation rate to also see the real purchasing power of that figure in today's dollars. Both figures are shown — the nominal value does not disappear.
Default Rate: 10.7% = S&P 500 ten-year historical CAGR. Past performance does not guarantee future results.

Your Results
Future Value
at end of period
Total In
contributions + initial
Compound Gain
compounding did the rest

Nominal figures (pre-inflation). Educational illustration only.

The Daily Compounding Formula

Compound interest means your returns earn returns. Every single day, the previous day's gains are added to the balance — and tomorrow's growth is calculated on that larger number. Over 30 years, this creates a dramatic difference between daily and annual compounding.

Why daily compounding matters. On a $5/day contribution at 10.7% annual return, annual compounding produces $342,948 over 30 years. Daily compounding produces $405,379 — a $62,431 difference. Same money. Same rate. Different compounding frequency.

The formula this calculator uses — contributions compound at the rate matching your chosen interval:

FV = PMT × ((1 + interval_rate)^(periods) − 1) / interval_rate

interval_rate derived from your annual rate r (decimal):
  Daily   → r ÷ 365  ·  365 periods/year
  Weekly  → (1 + r/365)7 − 1  ·  52 periods/year
  Monthly → (1 + r/365)365/12 − 1  ·  12 periods/year

Initial investment always compounds daily, separately:
FV_initial = PV × (1 + r/365)^(years × 365)

The takeaway: start as early as possible, contribute consistently, reinvest everything, and let time do the heavy lifting. Increasing the time period — not the rate — is the most powerful lever.

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Brokerage Platforms by Region
Affiliate disclosure: Some brokerage links below are referral links — DailyCompounder HQ may receive a bonus if you open an account through them, at no cost to you. Other links are direct references to the broker's website provided for your convenience only, and are not affiliate links. Book links go directly to Amazon and are not currently affiliate links. All platforms are listed for educational reference only — this is not a recommendation to use any specific service. Always verify current fees, account types, and availability in your region before opening an account.
Before opening an account, confirm with the broker: zero-commission or zero-fee account setup · tax-deferred accounts available in your region (e.g. TFSA, RRSP, ISA, IRA) · fractional share purchases from as little as $1.00 · free automated recurring contributions on your chosen schedule. Features and availability vary by region and account type.
🇨🇦 Canada
Wealthsimple ★
Commission-free stocks and ETFs. TFSA, RRSP, and non-registered DCA in minutes. Best for Canadian beginners.
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🇨🇦 Canada
Questrade ★
Buy ETFs for free. Low-cost self-directed investing. TFSA and RRSP compatible.
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🇺🇸 United States
M1 Finance
Automated DCA investing with fractional shares. Set your portfolio once and contributions invest automatically.
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🇺🇸 United States
Fidelity
Zero-commission trades, fractional shares, and automatic investment plans. Roth IRA and taxable accounts.
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🇬🇧 United Kingdom
Trading 212
Stocks & Shares ISA with zero commission. Fractional shares and AutoInvest pies for automated DCA.
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🇬🇧 United Kingdom
Freetrade
Commission-free investing inside a UK ISA. Simple interface, fractional shares, thousands of stocks and ETFs.
Open ISA →
🇪🇺 Europe
DEGIRO
Pan-European low-cost brokerage. Available across most EU countries. Low-fee access to global markets.
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🇪🇺 Europe
Trade Republic
Available across Germany, France, Spain, Italy, Netherlands and more. Fractional shares and savings plans.
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🇮🇳 India
Zerodha / Groww
Invest in US stocks and ETFs via LRS (up to $250,000/year). Low-cost access to S&P 500 from India.
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🇦🇺🇳🇿 Australia / NZ
Pearler / Sharesies
Purpose-built for long-term DCA investing. Pearler for Australia, Sharesies for New Zealand. Fractional shares.
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🌏 Global
Interactive Brokers
Available in 200+ countries. Low-cost access to US markets. Ideal for investors in regions without local options.
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Essential Reading
⚠ Disclaimer
This calculator is for educational purposes only and does not constitute financial advice. All figures are nominal (pre-inflation) — actual purchasing power will be lower. Results are hypothetical and assume a constant rate of return and consistent contributions. Actual investment returns will vary and may be negative. Historical CAGR figures are based on past performance, which does not guarantee future results. Always consult a licensed financial advisor in your jurisdiction before making investment decisions.

Affiliate disclosure: DailyCompounder HQ may receive referral compensation for accounts opened through links on this page. This does not affect our editorial independence.