$1,000,000 at 12% 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 12% interest, your initial investment of $1,000,000 will have grown to $93,050,970.
You will have earned $92,050,970 in interest.
How much will savings of $1,000,000 be worth in 40 years if invested at a 12.00% interest rate?
This calculator determines the future value of $1 million invested for 40 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 |
| 31 | $33,555,113 |
| 32 | $37,581,726 |
| 33 | $42,091,533 |
| 34 | $47,142,517 |
| 35 | $52,799,620 |
| 36 | $59,135,574 |
| 37 | $66,231,843 |
| 38 | $74,179,664 |
| 39 | $83,081,224 |
| 40 | $93,050,970 |
$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 |