$72,000 at 8% 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 8% interest, your initial investment of $72,000 will have grown to $1,564,166.
You will have earned $1,492,166 in interest.
How much will savings of $72,000 be worth in 40 years if invested at a 8.00% interest rate?
This calculator determines the future value of $72k invested for 40 years at a constant yield of 8.00% 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 $72,000 at 8% Interest
Year Amount
0 $72,000
1 $77,760
2 $83,981
3 $90,699
4 $97,955
5 $105,792
6 $114,255
7 $123,395
8 $133,267
9 $143,928
10 $155,443
11 $167,878
12 $181,308
13 $195,813
14 $211,478
15 $228,396
16 $246,668
17 $266,401
18 $287,713
19 $310,730
20 $335,589
21 $362,436
22 $391,431
23 $422,745
24 $456,565
25 $493,090
26 $532,537
27 $575,140
28 $621,152
29 $670,844
30 $724,511
31 $782,472
32 $845,070
33 $912,676
34 $985,690
35 $1,064,545
36 $1,149,708
37 $1,241,685
38 $1,341,020
39 $1,448,301
40 $1,564,166
$72,000 for 40 Years by Interest Rate
Rate Amount
1% $107,198
2% $158,979
3% $234,867
4% $345,673
5% $506,879
6% $740,572
8% $1,564,166
10% $3,258,666
12% $6,699,670
15% $19,286,175
20% $105,823,553