$1,000 at 6% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
After investing for 30 years at 6% interest, your initial investment of $1,000 will have grown to $5,743.
You will have earned $4,743 in interest.
How much will savings of $1,000 be worth in 30 years if invested at a 6.00% interest rate?
This calculator determines the future value of $1k invested for 30 years at a constant yield of 6.00% compounded annually.
Did Albert Einstein really say "Compound interest is the most powerful force in the universe?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $1,000 at 6% Interest
Year |
Amount |
0 |
$1,000 |
1 |
$1,060 |
2 |
$1,124 |
3 |
$1,191 |
4 |
$1,262 |
5 |
$1,338 |
6 |
$1,419 |
7 |
$1,504 |
8 |
$1,594 |
9 |
$1,689 |
10 |
$1,791 |
11 |
$1,898 |
12 |
$2,012 |
13 |
$2,133 |
14 |
$2,261 |
15 |
$2,397 |
16 |
$2,540 |
17 |
$2,693 |
18 |
$2,854 |
19 |
$3,026 |
20 |
$3,207 |
21 |
$3,400 |
22 |
$3,604 |
23 |
$3,820 |
24 |
$4,049 |
25 |
$4,292 |
26 |
$4,549 |
27 |
$4,822 |
28 |
$5,112 |
29 |
$5,418 |
30 |
$5,743 |
$1,000 for 30 Years by Interest Rate
Rate |
Amount |
1% |
$1,348 |
2% |
$1,811 |
3% |
$2,427 |
4% |
$3,243 |
5% |
$4,322 |
6% |
$5,743 |
8% |
$10,063 |
10% |
$17,449 |
12% |
$29,960 |
15% |
$66,212 |
20% |
$237,376 |