Simple CAGR

Future Value Calculator

Got a lump sum and a growth rate in mind? See what it could be worth down the road, and watch how much of that comes from compounding.

Your best guess at the yearly rate. Negative numbers work too.

Growth over time

Year by year

How It Works

The math behind future value.

The formula

Start with the present value PV, grow it at rate r for t years:

FV = PV × (1 + r)t

The “1 + r” is how much each dollar is multiplied by in a year. Raising it to the power of t just repeats that, year after year.

Try it. $10,000 at 8% for 20 years is 10,000 × 1.0820 = $46,609.57. Your money grew about 4.7 times over.

What this assumes

  • One deposit, then hands off. No adding or withdrawing along the way. (Adding money regularly? Use the Investment Growth Calculator.)
  • A steady rate. Real investments jump around. This shows the smooth path at the rate you choose.
  • A yearly rate. Growth is applied once a year. Partial years work fine, so 2.5 years is OK.
  • No taxes, fees or inflation. If you want to account for them, lower the rate you enter.
Worked Examples

A few real-world examples.

Money set aside for retirement

You put $50,000 away and leave it for 25 years, assuming 8% a year.

FV = 50,000 × 1.0825 = $342,424

That’s about 6.8 times what you started with, without adding another dollar. Time does most of the work.

A more cautious guess

Same idea, but $25,000 at 6% for 15 years.

FV = 25,000 × 1.0615 = $59,914

A good habit: run your numbers at a few different rates. You’ll quickly see how much the answer depends on that one guess.

In today’s dollars

Inflation shrinks what money can buy. To see the result in today’s dollars, use a “real” rate: (1 + growth rate) ÷ (1 + inflation) − 1. With 7% growth and 3% inflation, that’s 3.88%.

10,000 × 1.038820 ≈ $21,426

When the value shrinks

$10,000 that loses 5% a year for 3 years.

FV = 10,000 × 0.953 = $8,573.75

Just type −5 for the rate. The formula works the same in both directions.

Frequently Asked

Common questions about future value.

What is future value?

It’s what a sum of money today could be worth at some point later, if it grows at a certain rate. This calculator handles one lump sum growing once a year.

Is this the same as a reverse CAGR calculator?

Not quite. Future value starts with what you have and looks forward. A reverse CAGR calculator starts with a goal and works backward to tell you what you need today. If you already know both amounts and want the growth rate, that’s the CAGR calculator.

Can I include monthly contributions?

Not on this page, since it’s built for a single lump sum. The Investment Growth Calculator handles regular contributions and shows how much of your balance came from you versus growth.

What growth rate should I use?

Pick something you can defend for that particular investment and time frame, then try a few others around it. Nobody knows future returns, and past results don’t promise anything. The point is to see a range of outcomes, not one magic number.

Why does another calculator give me a slightly bigger number?

Many calculators take your 8% and compound it monthly, which quietly works out to about 8.30% a year. We treat your rate as the actual yearly growth, so 8% means 8%.

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