$500,000 at 1% 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 1% interest, your initial investment of $500,000 will have grown to $744,432.
You will have earned $244,432 in interest.
How much will savings of $500,000 be worth in 40 years if invested at a 1.00% interest rate?
This calculator determines the future value of $500k invested for 40 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
21 $616,196
22 $622,358
23 $628,582
24 $634,867
25 $641,216
26 $647,628
27 $654,104
28 $660,645
29 $667,252
30 $673,924
31 $680,664
32 $687,470
33 $694,345
34 $701,288
35 $708,301
36 $715,384
37 $722,538
38 $729,764
39 $737,061
40 $744,432
$500,000 for 40 Years by Interest Rate
Rate Amount
1% $744,432
2% $1,104,020
3% $1,631,019
4% $2,400,510
5% $3,519,994
6% $5,142,859
8% $10,862,261
10% $22,629,628
12% $46,525,485
15% $133,931,773
20% $734,885,784