📈 Future Value Calculator

Q: What is future value?

FV is the value of a current investment at a future date with compound interest. Essential for retirement planning.

Q: What's the difference between compound and simple interest?

Simple interest: only on principal. Compound: on principal + accumulated interest. The difference grows exponentially.

Q: How do regular contributions affect future value?

Regular contributions significantly boost FV. $10K + $500/mo at 8% for 20y = ~$347K vs ~$46.6K without. Start early!

Online Future Value & Compound Interest Calculator - With regular contributions

📝 Input Parameters

Initial Investment (PV)

Monthly Contribution

Annual Interest Rate (%)

Investment Period (Years)

Compounding Frequency

📊 Results

📋 Year-by-Year Growth

Year	Start Balance	Deposits	Interest	End Balance

FAQ

Q1: What is future value?

Future Value (FV) is the value of a current investment at a future date, accounting for compound interest. For example, $10K invested at 8% for 20 years grows to approximately $46.6K. FV is essential for retirement planning and investment analysis.

Q2: What's the difference between compound and simple interest?

Simple interest is calculated only on the principal, while compound interest is calculated on both principal and accumulated interest. $100K at 8% for 20 years: simple interest = $260K, compound = ~$466K. The difference grows exponentially over time.

Q3: How do regular contributions affect future value?

Regular contributions (dollar-cost averaging) significantly boost FV. $10K initial + $500/month at 8% for 20 years = ~$347K, compared to ~$46.6K without contributions. Starting early maximizes the compounding effect.