$1,000,000 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 $1,000,000 will have grown to $1,488,864.
You will have earned $488,864 in interest.
How much will savings of $1,000,000 be worth in 40 years if invested at a 1.00% interest rate?
This calculator determines the future value of $1 million 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 $1,000,000 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 |
| 31 | $1,361,327 |
| 32 | $1,374,941 |
| 33 | $1,388,690 |
| 34 | $1,402,577 |
| 35 | $1,416,603 |
| 36 | $1,430,769 |
| 37 | $1,445,076 |
| 38 | $1,459,527 |
| 39 | $1,474,123 |
| 40 | $1,488,864 |
$1,000,000 for 40 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $1,488,864 |
| 2% | $2,208,040 |
| 3% | $3,262,038 |
| 4% | $4,801,021 |
| 5% | $7,039,989 |
| 6% | $10,285,718 |
| 8% | $21,724,521 |
| 10% | $45,259,256 |
| 12% | $93,050,970 |
| 15% | $267,863,546 |
| 20% | $1,469,771,568 |