$1,000,000 at 9% 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 9% interest, your initial investment of $1,000,000 will have grown to $31,409,420.
You will have earned $30,409,420 in interest.
How much will savings of $1,000,000 be worth in 40 years if invested at a 9.00% interest rate?
This calculator determines the future value of $1 million invested for 40 years at a constant yield of 9.00% 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 9% Interest
| Year | Amount |
|---|---|
| 0 | $1,000,000 |
| 1 | $1,090,000 |
| 2 | $1,188,100 |
| 3 | $1,295,029 |
| 4 | $1,411,582 |
| 5 | $1,538,624 |
| 6 | $1,677,100 |
| 7 | $1,828,039 |
| 8 | $1,992,563 |
| 9 | $2,171,893 |
| 10 | $2,367,364 |
| 11 | $2,580,426 |
| 12 | $2,812,665 |
| 13 | $3,065,805 |
| 14 | $3,341,727 |
| 15 | $3,642,482 |
| 16 | $3,970,306 |
| 17 | $4,327,633 |
| 18 | $4,717,120 |
| 19 | $5,141,661 |
| 20 | $5,604,411 |
| 21 | $6,108,808 |
| 22 | $6,658,600 |
| 23 | $7,257,874 |
| 24 | $7,911,083 |
| 25 | $8,623,081 |
| 26 | $9,399,158 |
| 27 | $10,245,082 |
| 28 | $11,167,140 |
| 29 | $12,172,182 |
| 30 | $13,267,678 |
| 31 | $14,461,770 |
| 32 | $15,763,329 |
| 33 | $17,182,028 |
| 34 | $18,728,411 |
| 35 | $20,413,968 |
| 36 | $22,251,225 |
| 37 | $24,253,835 |
| 38 | $26,436,680 |
| 39 | $28,815,982 |
| 40 | $31,409,420 |
$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 |