Free Calculator
Dividend Snowball Calculator
See how far dividend reinvestment can take you. Enter your portfolio details and watch 30 years of compounding play out — including the year your annual dividend income first covers your FIRE target.
How this is calculated ▸
- Contributions — your monthly contribution × 12 is added at the start of each year as a lump sum.
- DRIP reinvestment — dividends are reinvested and compound with the portfolio; nothing is drawn down pre-FIRE.
- Constant return and yield — annual total return and dividend yield are held fixed for all 30 years; no inflation adjustment is applied.
- Nominal AUD, pre-tax — all figures are in nominal Australian dollars before income tax. Franking credits are not modelled.
Final Portfolio
$2,806,366
Final Annual Dividend
$104,911
Years to FIRE
Year 23
| Year | Portfolio Value | Annual Dividend |
|---|---|---|
| 1 | $79k | $3k |
| 2 | $110k | $4k |
| 3 | $144k | $5k |
| 4 | $180k | $7k |
| 5 | $218k | $8k |
| 6 | $259k | $10k |
| 7 | $303k | $11k |
| 8 | $349k | $13k |
| 9 | $400k | $15k |
| 10 | $453k | $17k |
| 11 | $511k | $19k |
| 12 | $572k | $21k |
| 13 | $638k | $24k |
| 14 | $708k | $26k |
| 15 | $783k | $29k |
| 16 | $864k | $32k |
| 17 | $950k | $36k |
| 18 | $1.0M | $39k |
| 19 | $1.1M | $43k |
| 20 | $1.2M | $47k |
| 21 | $1.4M | $51k |
| 22 | $1.5M | $55k |
| 23 | $1.6M | $60k |
| 24 | $1.7M | $65k |
| 25 | $1.9M | $71k |
| 26 | $2.1M | $77k |
| 27 | $2.2M | $83k |
| 28 | $2.4M | $90k |
| 29 | $2.6M | $97k |
| 30 | $2.8M | $105k |
This is a static projection. Track your real portfolio, live yields, franking credits and automated FIRE milestones on Metrifly.
FAQ
Questions about the calculator
How does the dividend snowball calculator work?
It projects your portfolio over 30 years assuming dividends are reinvested (DRIP) and compounded, then marks the year your annual dividend income first covers your target FIRE income.
What assumptions does it make?
Contributions are added once at the start of each year, returns and dividend yield are constant, and figures are nominal AUD before tax. Franking credits are not modelled. Real-world results vary — track your actual numbers on Metrifly.
Is the dividend income reinvested or drawn?
This is a pre-FIRE accumulation model: dividends are reinvested so the portfolio keeps compounding. The dividend line shows the income you could draw once you reach financial independence.
Why isn't my projection guaranteed?
Markets vary year to year (sequence-of-returns risk), yields change, and inflation erodes purchasing power. The tool is a directional guide, not a forecast.
Want to track your actual dividends, franking credits, and DRP trades? See the Metrifly Dividend Tracker →