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Future Value Calculator

Estimate how much your savings or investment could grow to based on your starting amount, regular contributions, return rate and time horizon.

Your Details

Overview

This Future Value Calculator helps you estimate how much a savings balance or investment could grow over time using a starting amount, monthly contributions, an annual return rate and an investment period.

How it works

The calculator adds together two parts: the growth of your initial amount and the growth of your regular contributions. It converts the annual return into a rate per compounding period, applies compound growth over the full term, and then estimates how much of the final balance comes from your own contributions versus investment growth.

How to use this calculator

  1. 1Enter your initial amount.
  2. 2Add your planned monthly contribution.
  3. 3Enter the expected annual return rate.
  4. 4Choose the number of years you want to invest.
  5. 5Select the compounding frequency and review the projected future value.

Example Calculation

Initial Amount

$10,000

Monthly Contribution

$500

Annual Return Rate

6%

Investment Period

20

Compounding Frequency

monthly

Estimated Future Value

N/A

With a starting amount of 10000, monthly contributions of 500, a 6% annual return and a 20-year period with monthly compounding, the projected future value is about 251000. Around 130000 comes from contributions and about 121000 comes from growth.

Frequently asked questions

What does this Future Value Calculator estimate?

It estimates the projected value of a starting balance plus regular contributions after compound growth over time.

Does the calculator include monthly contributions?

Yes. You can enter a monthly contribution amount, and the calculator adds its projected compounded value to your initial amount.

What is compounding frequency?

Compounding frequency is how often returns are added to the balance. More frequent compounding generally produces a slightly higher ending value at the same annual rate.

Does this calculator account for inflation?

No. It shows nominal future value based on the return rate you enter and does not reduce the result for inflation.

Are taxes and fees included?

No. The estimate does not include taxes, platform fees, fund charges or other costs unless you adjust the return rate yourself to reflect them.

Can I use this calculator for investments as well as savings?

Yes. It can be used for savings or investment projections, as long as you understand the return rate is only an estimate and actual results can vary.

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Assumptions and warnings

Assumptions

  • Returns are compounded at a constant rate over the full period.
  • Regular contributions are made at the end of each compounding period.
  • The calculator does not adjust for inflation, taxes, fees or investment charges.
  • Results are estimates and actual investment performance may be higher or lower.

Warnings

  • This calculator provides an estimate only and is not financial advice.
  • Investment returns are not guaranteed and values can go down as well as up.