$1,000 at 1% Interest for 40 Years

How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 40 years at 1% interest, your initial investment of $1,000 will have grown to $1,489.
You will have earned $489 in interest.
How much will savings of $1,000 be worth in 40 years if invested at a 1.00% interest rate?
This calculator determines the future value of $1k invested for 40 years at a constant yield of 1.00% compounded annually.
Did Albert Einstein really say "Compound interest is the most powerful force in the universe?"
According to Snopes, the answer is probably not.
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $1,000 at 1% Interest
Year Amount
0 $1,000
1 $1,010
2 $1,020
3 $1,030
4 $1,041
5 $1,051
6 $1,062
7 $1,072
8 $1,083
9 $1,094
10 $1,105
11 $1,116
12 $1,127
13 $1,138
14 $1,149
15 $1,161
16 $1,173
17 $1,184
18 $1,196
19 $1,208
20 $1,220
21 $1,232
22 $1,245
23 $1,257
24 $1,270
25 $1,282
26 $1,295
27 $1,308
28 $1,321
29 $1,335
30 $1,348
31 $1,361
32 $1,375
33 $1,389
34 $1,403
35 $1,417
36 $1,431
37 $1,445
38 $1,460
39 $1,474
40 $1,489
$1,000 for 40 Years by Interest Rate
Rate Amount
1% $1,489
2% $2,208
3% $3,262
4% $4,801
5% $7,040
6% $10,286
8% $21,725
10% $45,259
12% $93,051
15% $267,864
20% $1,469,772