$1,000,000 at 1% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
After investing for 30 years at 1% interest, your initial investment of $1,000,000 will have grown to $1,347,849.
You will have earned $347,849 in interest.
How much will savings of $1,000,000 be worth in 30 years if invested at a 1.00% interest rate?
This calculator determines the future value of $1 million invested for 30 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?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $1,000,000 at 1% Interest
Year |
Amount |
0 |
$1,000,000 |
1 |
$1,010,000 |
2 |
$1,020,100 |
3 |
$1,030,301 |
4 |
$1,040,604 |
5 |
$1,051,010 |
6 |
$1,061,520 |
7 |
$1,072,135 |
8 |
$1,082,857 |
9 |
$1,093,685 |
10 |
$1,104,622 |
11 |
$1,115,668 |
12 |
$1,126,825 |
13 |
$1,138,093 |
14 |
$1,149,474 |
15 |
$1,160,969 |
16 |
$1,172,579 |
17 |
$1,184,304 |
18 |
$1,196,147 |
19 |
$1,208,109 |
20 |
$1,220,190 |
21 |
$1,232,392 |
22 |
$1,244,716 |
23 |
$1,257,163 |
24 |
$1,269,735 |
25 |
$1,282,432 |
26 |
$1,295,256 |
27 |
$1,308,209 |
28 |
$1,321,291 |
29 |
$1,334,504 |
30 |
$1,347,849 |
$1,000,000 for 30 Years by Interest Rate
Rate |
Amount |
1% |
$1,347,849 |
2% |
$1,811,362 |
3% |
$2,427,262 |
4% |
$3,243,398 |
5% |
$4,321,942 |
6% |
$5,743,491 |
8% |
$10,062,657 |
10% |
$17,449,402 |
12% |
$29,959,922 |
15% |
$66,211,772 |
20% |
$237,376,314 |