Future Value Calculator
Calculate what a lump sum invested today will grow to in the future, given an expected annual return.
Future value
$56,978.93
What Your Result Means
Future value shows the projected worth of your money after it grows at your entered rate for the specified time period - the mirror image of present value.
How It Is Calculated
FV = PV × (1 + r/n)^(n × t)
Worked Example
$20,000 invested today at a 7% annual return, compounded monthly, grows to approximately $57,230 after 15 years.
Important Assumptions
- Assumes a constant rate of return - real investments fluctuate year to year.
- Does not include additional contributions - see the Investment Calculator for that.
Frequently Asked Questions
- How is this different from the Investment Calculator?
- This calculator projects a single lump sum with no further contributions. The Investment Calculator adds regular monthly contributions on top of an initial amount.
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Methodology
This calculator uses the standard future value formula. See our methodology page for details.
This calculator provides estimates for educational purposes only. Actual rates, taxes, insurance, fees, and lender terms may differ. It does not constitute financial advice - consult a qualified financial professional before making financial decisions.