Future Value Calculator

Future Value Calculator: Forecast Your Wealth

How much will your savings be worth in 10, 20, or 30 years? The Future Value (FV) Calculator allows you to project the growth of your investments over time, demonstrating the powerful effect of compound interest.

The Mechanics of Growth

Future Value calculates what a current asset will be worth at a specific date in the future based on an assumed rate of growth.

This formula shows that small increases in "r" (interest rate) or "n" (time) can have exponential effects on the outcome.

Key Considerations for Investors

• Time Horizon: The longer you leave money invested, the more it grows. Doubling the time period more than doubles the return.
• Rate of Return: Higher returns usually come with higher risk. Stocks generally return more than bonds, which return more than savings accounts.
• Inflation Adjustment: This calculator gives you the nominal future value. To understand what that money can actually buy, you need to consider inflation. A million dollars in 30 years won't buy a million dollars' worth of goods today.

Frequently Asked Questions