The chart above shows a hypothetical example comparing the growth of an investment account with a 7% annual return to a traditional savings account earning a 0.41% annual deposit rate, based on national averages as of February 18, 2025.* It assumes a consistent return over time, no withdrawals, and excludes taxes, fees, and inflation. Investment accounts are not FDIC insured and are subject to market risk, unlike traditional savings accounts that offer FDIC protection. Each account type offers different advantages and limitations that should be considered before choosing what’s right for you.

Use the slider to adjust monthly contributions and see how those changes may affect long-term growth in an investment account versus a savings account. The default contribution shown is $250 per month, but you can modify this from $1 to $1,000. For example, contributing $250 monthly could grow to approximately $304,993 over 30 years in an investment account, compared to $95,752 in a savings account, assuming end-of-month compounding.

This example does not reflect any specific investment and is not a guarantee of future performance. The 7% annual return used is a hypothetical average and actual returns may vary. Investment results are not assured, and losses are possible.

*Source: FDIC National Rates and Rate Caps.