$1,000,000 at 5% 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 5% interest, your initial investment of $1,000,000 will have grown to $7,039,989.
You will have earned $6,039,989 in interest.
How much will savings of $1,000,000 be worth in 40 years if invested at a 5.00% interest rate?
This calculator determines the future value of $1 million invested for 40 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 |
| 31 | $4,538,039 |
| 32 | $4,764,941 |
| 33 | $5,003,189 |
| 34 | $5,253,348 |
| 35 | $5,516,015 |
| 36 | $5,791,816 |
| 37 | $6,081,407 |
| 38 | $6,385,477 |
| 39 | $6,704,751 |
| 40 | $7,039,989 |
$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 |