How much is a small raise really worth?

A $5K raise compounds three ways: future raises stack on the higher base, retirement contributions scale with income, and the gap invests every year. Run all three over a 30-year career.

How the math works

A raise compounds three different ways at once. The calculator runs all three:

  1. Salary base growth: next year's percentage raise applies to a higher base. salaryn = salary0 × (1+g)n
  2. Cumulative earnings difference: sum of (with-raise − without-raise) across all years. This is the raw paycheck advantage.
  3. Investment growth: the after-tax difference invested at expected return. FV = Σ Δn(1+r)N−n

Default growth: 3% annual raise (long-run US wage growth). Default return: 7% (real S&P 500 average). Default tax: 30% effective. All three are sliders, because raise rates vary widely by industry and seniority — software in your 20s might run 8-12%, a stable government role 1-2%.

Math runs locally. Inputs never leave your browser. Source on github.

Scenarios we've already crunched

If your situation matches one of these, the article shows the math worked through: