$6,000 at 6% 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 6% interest, your initial investment of $6,000 will have grown to $61,714.
You will have earned $55,714 in interest.
How much will savings of $6,000 be worth in 40 years if invested at a 6.00% interest rate?
This calculator determines the future value of $6k 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?"
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 $6,000 at 6% Interest
| Year | Amount |
|---|---|
| 0 | $6,000 |
| 1 | $6,360 |
| 2 | $6,742 |
| 3 | $7,146 |
| 4 | $7,575 |
| 5 | $8,029 |
| 6 | $8,511 |
| 7 | $9,022 |
| 8 | $9,563 |
| 9 | $10,137 |
| 10 | $10,745 |
| 11 | $11,390 |
| 12 | $12,073 |
| 13 | $12,798 |
| 14 | $13,565 |
| 15 | $14,379 |
| 16 | $15,242 |
| 17 | $16,157 |
| 18 | $17,126 |
| 19 | $18,154 |
| 20 | $19,243 |
| 21 | $20,397 |
| 22 | $21,621 |
| 23 | $22,918 |
| 24 | $24,294 |
| 25 | $25,751 |
| 26 | $27,296 |
| 27 | $28,934 |
| 28 | $30,670 |
| 29 | $32,510 |
| 30 | $34,461 |
| 31 | $36,529 |
| 32 | $38,720 |
| 33 | $41,044 |
| 34 | $43,506 |
| 35 | $46,117 |
| 36 | $48,884 |
| 37 | $51,817 |
| 38 | $54,926 |
| 39 | $58,221 |
| 40 | $61,714 |
$6,000 for 40 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $8,933 |
| 2% | $13,248 |
| 3% | $19,572 |
| 4% | $28,806 |
| 5% | $42,240 |
| 6% | $61,714 |
| 8% | $130,347 |
| 10% | $271,556 |
| 12% | $558,306 |
| 15% | $1,607,181 |
| 20% | $8,818,629 |