Future Value (FV) Calculator
Calculate future value of present amount with compound growth
Calculate future value of present amount with compound growth
Projects the value of an investment or savings at a future date, accounting for compound growth and regular contributions.
Interest calculators cover compound interest, simple interest, and time-value-of-money concepts. Understanding the difference between nominal and effective rates — and how compounding frequency affects returns — can mean thousands of dollars difference over a savings or investment horizon.
Daily compounding at 5% annual grows money to 5.127% effective rate. Compounding matters more the longer you invest — the difference between annual and daily compounding on a 30-year $10,000 investment is over $1,500.
Ignoring inflation — a $1M retirement fund in 30 years has only ~$410,000 of today's purchasing power at 3% average inflation.