Set an investment goal for your kids

Learn: Power of investing goals

Good goal setting could help you figure out which investment options may be suitable.

The information presented is intended to be of a general nature only. It has been compiled without taking into account any person’s objectives, financial situation or needs. We make no warranty, express or implied, regarding the accuracy or completeness of the information. Before acting on this information, you should consider whether it is appropriate for your needs and seek independent legal, financial and taxation advice before acting on it.
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The information presented is intended to be of a general nature only. It has been compiled without taking into account any person’s objectives, financial situation or needs. We make no warranty, express or implied, regarding the accuracy or completeness of the information. Before acting on this information, you should consider whether it is appropriate for your needs and seek independent legal, financial and taxation advice before acting on it.

Spriggy Invest is promoted by Spriggy Invest Pty Ltd (ACN 639 671 926, AR 1283 837) which is an authorised representative of Cache Investment Management Pty Ltd (ACN 624 306 430, AFSL 514 360)(Cache). The financial products described on the Spriggy Invest website will be issued by Melbourne Securities Corporation Limited (ACN 160 326 545, AFSL 428 289) and managed by Cache. All information is general information only and does not consider your personal circumstances, financial situation or needs. Before making a financial decision, you should read the PDS, Target Market Determination and FSG available at www.spriggyinvest.com.au/terms and consider whether the product is right for you.
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Setting an investment goal for your kids

Three simple steps that could help you figure out your goal

What do you want to gift your child when they turn 18?

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How long till your child turns 18?

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How much could you put away each month for this goal?

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Compound interest calculator

Compound growth is when an asset you own generates earnings which are then reinvested to generate their own earnings. See how it could work yourself with our compound interest calculator.

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total
estimated returns
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Today In 10 Years

Outputs from this calculator are estimates only. The annualised return for the S&P/ASX200 Total Returns Index over the past 10 years to 29th October 2021 is 10.0%. These returns are not a projection and are net of fees. Past performance is not an indicator of future performance and this rate of return is not guaranteed. This calculator is not intended to be relied on when making a financial decision, you should obtain appropriate professional advice before making a decision. 
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Outputs from this calculator are estimates only. The annualised return for the S&P/ASX200 Total Returns Index over the past 10 years to 29th October 2021 is 10.0%. These returns are not a projection and are net of fees. Past performance is not an indicator of future performance and this rate of return is not guaranteed. This calculator is not intended to be relied on when making a financial decision, you should obtain appropriate professional advice before making a decision.  S&P/ASX200 Index is a commonly recognised benchmark used by institutional investors to measure the performance of Australian listed stocks. The Index covers the largest 200 eligible stocks listed on the ASX where each stock is weighted by their market capitalisation. The total returns nature of the Index means that any dividends received are assumed to be re-invested back into the Index but does not include any adjustments for franking. Disclaimer: The information been compiled from sources we believe are reliable. We make no warranty, express or implied, regarding accuracy, adequacy or the completeness of the information presented. We provide this information on an ‘as is’ basis. This disclaimer applies to isolated and aggregate uses of the information presented.
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This website is operated by Spriggy Invest Pty Ltd (ACN 639 671 926, AR 1283 837) which is an authorised representative of Cache Investment Management Pty Ltd (ACN 624 306 430; AFSL 514 360)(Cache). See our FSG. The financial products described on this website are issued by Melbourne Securities Corporation (ACN 160 326 545; AFSL 428 289) and managed by Cache. All information is general advice only and does not take into account your personal circumstances, financial situation or needs. Before making a financial decision, you should read the PDS and Target Market Determination and consider whether the product is right for you.