Future Value Calculator
Calculate how much your investments will grow over time with our free Future Value Calculator. Understand the power of compound interest and plan your financial future with accurate projections.
Growth Over Time
Year-by-Year Breakdown
| Year | Starting Balance | Contributions | Interest Earned | Ending Balance |
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Key Features
How to Use This Calculator
Benefits
Understanding Future Value
The Future Value Calculator helps you determine how much your investments will be worth at a future date, considering compound interest and regular contributions. This is essential for retirement planning, education savings, and achieving long-term financial goals.
Future value calculations use the time value of money principle, which states that a dollar today is worth more than a dollar in the future. By investing money and earning returns, your wealth grows exponentially over time through the power of compounding.
The formula for future value with compound interest is: FV = PV × (1 + r)^n, where PV is present value, r is the interest rate per period, and n is the number of periods. When you add regular contributions, the calculation becomes more complex but yields even more impressive results.
Understanding future value is crucial for setting realistic financial goals. Whether you're saving for a down payment on a house, your children's education, or retirement, this calculator shows you exactly how much you need to invest today to reach your target amount.
Our calculator supports various compounding frequencies including annual, semi-annual, quarterly, and monthly. More frequent compounding leads to higher future values, demonstrating why it's important to understand how your investments compound.