$1,000 at 5% 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 5% interest, your initial investment of $1,000 will have grown to $7,040.
You will have earned $6,040 in interest.
How much will savings of $1,000 be worth in 40 years if invested at a 5.00% interest rate?
This calculator determines the future value of $1k invested for 40 years at a constant yield of 5.00% 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 5% Interest
| Year | Amount |
|---|---|
| 0 | $1,000 |
| 1 | $1,050 |
| 2 | $1,103 |
| 3 | $1,158 |
| 4 | $1,216 |
| 5 | $1,276 |
| 6 | $1,340 |
| 7 | $1,407 |
| 8 | $1,477 |
| 9 | $1,551 |
| 10 | $1,629 |
| 11 | $1,710 |
| 12 | $1,796 |
| 13 | $1,886 |
| 14 | $1,980 |
| 15 | $2,079 |
| 16 | $2,183 |
| 17 | $2,292 |
| 18 | $2,407 |
| 19 | $2,527 |
| 20 | $2,653 |
| 21 | $2,786 |
| 22 | $2,925 |
| 23 | $3,072 |
| 24 | $3,225 |
| 25 | $3,386 |
| 26 | $3,556 |
| 27 | $3,733 |
| 28 | $3,920 |
| 29 | $4,116 |
| 30 | $4,322 |
| 31 | $4,538 |
| 32 | $4,765 |
| 33 | $5,003 |
| 34 | $5,253 |
| 35 | $5,516 |
| 36 | $5,792 |
| 37 | $6,081 |
| 38 | $6,385 |
| 39 | $6,705 |
| 40 | $7,040 |
$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 |