Future Value Calculator
Calculate the future value of an investment or savings.
Result
Fill in the fields above, then press Calculate.
The Future Value Calculator shows how much your investments will grow over time, accounting for compound interest and regular contributions. Use this to project savings for retirement, education, or major purchases and understand the power of time and compound growth.
Examples
Lump Sum Investment
$10,000 invested at 7% annually for 10 years grows to about $19,672 with no additional contributions.
With Monthly Contributions
$10,000 initial plus $500/month at 7% for 10 years grows to about $106,149. The contributions add up to $60,000, and interest earns about $36,477.
Frequently Asked Questions
What is future value?
Future value is what an investment made today will be worth at a specified date in the future, assuming a certain rate of growth.
How does compounding affect future value?
More frequent compounding means interest is calculated on previously earned interest more often, resulting in a higher future value.
What is the difference between future value and present value?
Future value tells you what today's money will grow to. Present value tells you what future money is worth today. They are inverse operations.
Result
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Quick Tips
- •Compounding frequency matters more at higher interest rates.
- •Regular contributions have a powerful effect over long time horizons.
- •The Rule of 72: divide 72 by the interest rate to estimate years to double.
- •Adjust for inflation to get real purchasing power projections.