🔮 Future Value Calculator
Calculate future value of investments and savings
How Future Value Calculation Works
Formula
FV = PV × (1 + r/n)^(n×t) + PMT × [((1 + r/n)^(n×t) − 1) / (r/n)]
- 1Enter the present value (initial investment).
- 2Enter the annual interest rate and compounding frequency.
- 3Enter regular contributions (monthly or annual) if any.
- 4Enter the time period in years.
- 5The calculator shows the future value with a year-by-year growth table.
About Future Value Calculator
Calculate the future value of an investment with compound interest and regular contributions. Plan savings growth over time. See year-by-year breakdown of your money's growth.
Frequently Asked Questions
What is the time value of money?
A dollar today is worth more than a dollar in the future because it can earn interest. Future value calculates what today's money (plus contributions) will be worth at a future date given a growth rate.
How do contributions affect future value?
Regular contributions dramatically increase future value due to compounding. Adding $200/month at 7% for 30 years turns $0 into over $227,000 — while total contributions are only $72,000.
Should I use nominal or real return rate?
Use nominal rates (before inflation) for the actual dollar amount. Use real rates (after inflation, typically 2-3% less) to see purchasing power. Both perspectives are useful for planning.