$500,000 at 1% Interest for 20 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 20 years at 1% interest, your initial investment of $500,000 will have grown to $610,095.
You will have earned $110,095 in interest.
How much will savings of $500,000 be worth in 20 years if invested at a 1.00% interest rate?
This calculator determines the future value of $500k invested for 20 years at a constant yield of 1.00% 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 $500,000 at 1% Interest
| Year | Amount |
|---|---|
| 0 | $500,000 |
| 1 | $505,000 |
| 2 | $510,050 |
| 3 | $515,151 |
| 4 | $520,302 |
| 5 | $525,505 |
| 6 | $530,760 |
| 7 | $536,068 |
| 8 | $541,428 |
| 9 | $546,843 |
| 10 | $552,311 |
| 11 | $557,834 |
| 12 | $563,413 |
| 13 | $569,047 |
| 14 | $574,737 |
| 15 | $580,484 |
| 16 | $586,289 |
| 17 | $592,152 |
| 18 | $598,074 |
| 19 | $604,054 |
| 20 | $610,095 |
$500,000 for 20 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $610,095 |
| 2% | $742,974 |
| 3% | $903,056 |
| 4% | $1,095,562 |
| 5% | $1,326,649 |
| 6% | $1,603,568 |
| 8% | $2,330,479 |
| 10% | $3,363,750 |
| 12% | $4,823,147 |
| 15% | $8,183,269 |
| 20% | $19,168,800 |