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Saving and Investing

Dollar Cost Averaging Calculator

Project how regular investment contributions grow over time with dollar cost averaging, showing a year-by-year balance and total growth achieved.

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Your results

Total contributed$120,000.00
Final balance$173,084.81
Investment growth$53,084.81

Year-by-year projection

YearContributedBalance
1$12,000.00$12,392.59
2$24,000.00$25,681.03
3$36,000.00$39,930.10
4$48,000.00$55,209.24
5$60,000.00$71,592.90
6$72,000.00$89,160.94
7$84,000.00$107,998.98
8$96,000.00$128,198.82
9$108,000.00$149,858.91
10$120,000.00$173,084.81

Assumptions

  • Contributions are assumed to occur at the end of each period and returns are applied per period.
  • Investment returns are assumed constant, which is unlikely in real markets.

How this calculator works

Dollar cost averaging invests a fixed amount at regular intervals regardless of market price. This calculator projects your balance year by year based on your contribution amount, frequency and an assumed constant annual return.

Frequently asked questions

Does dollar cost averaging beat lump sum investing?

Historically lump sum investing has outperformed dollar cost averaging more often because markets tend to rise over time, but DCA reduces timing risk and suits regular income.

What return should I assume?

This is your choice — many long-term Australian share market projections use figures in the 6–8% per annum range, but future returns are never guaranteed.

Can I model an existing starting balance?

Yes, enter your starting balance and the calculator compounds it alongside your regular contributions.

Results are estimates only and are not financial, tax, legal or credit advice.

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