$1,000,000 at 6% Interest for 40 Years
How much money will your investment be worth if you let the interest grow?
After investing for 40 years at 6% interest, your initial investment of $1,000,000 will have grown to $10,285,718.
You will have earned $9,285,718 in interest.
How much will savings of $1,000,000 be worth in 40 years if invested at a 6.00% interest rate?
This calculator determines the future value of $1 million invested for 40 years at a constant yield of 6.00% compounded annually.
Did Albert Einstein really say "Compound interest is the most powerful force in the universe?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $1,000,000 at 6% Interest
Year |
Amount |
0 |
$1,000,000 |
1 |
$1,060,000 |
2 |
$1,123,600 |
3 |
$1,191,016 |
4 |
$1,262,477 |
5 |
$1,338,226 |
6 |
$1,418,519 |
7 |
$1,503,630 |
8 |
$1,593,848 |
9 |
$1,689,479 |
10 |
$1,790,848 |
11 |
$1,898,299 |
12 |
$2,012,196 |
13 |
$2,132,928 |
14 |
$2,260,904 |
15 |
$2,396,558 |
16 |
$2,540,352 |
17 |
$2,692,773 |
18 |
$2,854,339 |
19 |
$3,025,600 |
20 |
$3,207,135 |
21 |
$3,399,564 |
22 |
$3,603,537 |
23 |
$3,819,750 |
24 |
$4,048,935 |
25 |
$4,291,871 |
26 |
$4,549,383 |
27 |
$4,822,346 |
28 |
$5,111,687 |
29 |
$5,418,388 |
30 |
$5,743,491 |
31 |
$6,088,101 |
32 |
$6,453,387 |
33 |
$6,840,590 |
34 |
$7,251,025 |
35 |
$7,686,087 |
36 |
$8,147,252 |
37 |
$8,636,087 |
38 |
$9,154,252 |
39 |
$9,703,507 |
40 |
$10,285,718 |
$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 |