$1,000,000 at 5% 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 5% interest, your initial investment of $1,000,000 will have grown to $4,321,942.
You will have earned $3,321,942 in interest.
How much will savings of $1,000,000 be worth in 30 years if invested at a 5.00% interest rate?
This calculator determines the future value of $1 million invested for 30 years at a constant yield of 5.00% 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 5% Interest
| Year | Amount |
|---|---|
| 0 | $1,000,000 |
| 1 | $1,050,000 |
| 2 | $1,102,500 |
| 3 | $1,157,625 |
| 4 | $1,215,506 |
| 5 | $1,276,282 |
| 6 | $1,340,096 |
| 7 | $1,407,100 |
| 8 | $1,477,455 |
| 9 | $1,551,328 |
| 10 | $1,628,895 |
| 11 | $1,710,339 |
| 12 | $1,795,856 |
| 13 | $1,885,649 |
| 14 | $1,979,932 |
| 15 | $2,078,928 |
| 16 | $2,182,875 |
| 17 | $2,292,018 |
| 18 | $2,406,619 |
| 19 | $2,526,950 |
| 20 | $2,653,298 |
| 21 | $2,785,963 |
| 22 | $2,925,261 |
| 23 | $3,071,524 |
| 24 | $3,225,100 |
| 25 | $3,386,355 |
| 26 | $3,555,673 |
| 27 | $3,733,456 |
| 28 | $3,920,129 |
| 29 | $4,116,136 |
| 30 | $4,321,942 |
$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 |