Future Value Calculator

Calculate the future value (FV) of an investment or savings account with optional recurring contributions.

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Calculate the future value of an investment or savings amount with our free calculator, based on your interest rate and time horizon.

How the Future Value Calculator Works

Future Value = Present Value × (1 + r)^t

Where r is the periodic interest rate and t is the number of periods. For investments with regular contributions, this also adds the compounded value of each contribution.

How to Use This Calculator

  1. Enter your present value (initial amount)
  2. Enter your expected interest rate
  3. Enter the number of years or periods
  4. Click Calculate to see the projected future value

Frequently Asked Questions

What's the difference between future value and present value?

Future value projects what a current amount will grow to over time; present value works backward, discounting a future amount to what it's worth today.

Does this account for inflation?

This calculator shows nominal future value. For real (inflation-adjusted) purchasing power, subtract your expected inflation rate from your growth rate.

Can I include regular contributions in this calculation?

Many future value calculators support adding periodic contributions on top of the initial amount, check if your specific version includes this option.

What interest rate should I use for a realistic projection?

Use a rate consistent with your actual investment type, savings accounts, bonds, and stocks have very different typical return ranges.