$1,000,000 at 12% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 30 years at 12% interest, your initial investment of $1,000,000 will have grown to $29,959,922.
You will have earned $28,959,922 in interest.
How much will savings of $1,000,000 be worth in 30 years if invested at a 12.00% interest rate?
This calculator determines the future value of $1 million invested for 30 years at a constant yield of 12.00% 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 12% Interest
| Year | Amount |
|---|---|
| 0 | $1,000,000 |
| 1 | $1,120,000 |
| 2 | $1,254,400 |
| 3 | $1,404,928 |
| 4 | $1,573,519 |
| 5 | $1,762,342 |
| 6 | $1,973,823 |
| 7 | $2,210,681 |
| 8 | $2,475,963 |
| 9 | $2,773,079 |
| 10 | $3,105,848 |
| 11 | $3,478,550 |
| 12 | $3,895,976 |
| 13 | $4,363,493 |
| 14 | $4,887,112 |
| 15 | $5,473,566 |
| 16 | $6,130,394 |
| 17 | $6,866,041 |
| 18 | $7,689,966 |
| 19 | $8,612,762 |
| 20 | $9,646,293 |
| 21 | $10,803,848 |
| 22 | $12,100,310 |
| 23 | $13,552,347 |
| 24 | $15,178,629 |
| 25 | $17,000,064 |
| 26 | $19,040,072 |
| 27 | $21,324,881 |
| 28 | $23,883,866 |
| 29 | $26,749,930 |
| 30 | $29,959,922 |
$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 |