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Investing & Savings

Future Value Calculator

Calculate the future value of a one-time amount at a given growth rate and time horizon, with your choice of compounding.

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About the Future Value Calculator

Future value tells you what an amount invested today will be worth later, given a growth rate and time. It's the foundation of compound-growth math and a quick way to see how time turns a lump sum into a much larger figure.

How it’s calculated

Future value = present amount × (1 + rate ÷ m)^(m × years), where m is the number of compounding periods per year.

Example calculation

$10,000 growing at 7%, compounded monthly for 20 years, becomes about $40,400.

Frequently asked questions

What's the difference from present value?

Future value grows a today-amount forward; present value discounts a future amount back to today. They're inverses of the same formula.

Does compounding frequency matter?

A little — more frequent compounding produces slightly more growth for the same annual rate. The difference is small but real over long horizons.

Projections are illustrative and assume a constant rate of return; real investments fluctuate and may lose value. Past performance does not guarantee future results. This is not investment advice.