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About

Accurate financial projection requires a distinct separation between linear savings and exponential investment growth. This tool computes the future value (FV) of a singular capital injection based on a fixed annual rate of return over a defined time horizon. Unlike simple savings accounts, investment vehicles typically compound returns, meaning the earnings generate their own earnings. This distinction is critical for long-term planning, where the compounding effect can exceed the initial principal magnitude.

Investors use this calculation to benchmark potential asset classes against inflation or target financial milestones. A clear understanding of the Time Value of Money (TVM) allows for realistic expectation setting regarding risk and reward. The visualization provided in this tool demonstrates the non-linear trajectory of wealth accumulation, emphasizing the impact of time in the equation.

investment growth future value finance stocks

Formulas

The core calculation utilizes the standard compound interest formula for a single lump sum:

FV = P 1 + rt

Where:

  • FV is the Future Value.
  • P is the Principal (initial investment).
  • r is the annual interest rate (decimal).
  • t is the time horizon in years.

Reference Data

Asset ClassAvg. Annual Return (30y)Std. Deviation (Risk)Real Return (Adj. Inflation)
S&P 500 (Large Cap)10.7%15.5%7.5%
US Treasury Bonds (10y)5.1%4.9%2.2%
Corporate Bonds (Inv. Grade)6.1%6.8%3.1%
Gold (Spot)5.4%16.2%2.4%
Real Estate (REITs)9.8%18.4%6.6%
Emerging Markets8.9%22.1%5.7%
Small Cap Equities11.8%19.6%8.6%
Cash / T-Bills3.3%0.9%0.4%
Global Equities (ex-US)6.8%14.8%3.9%
High Yield Bonds7.2%9.3%4.2%

Frequently Asked Questions

This phenomenon is the visual representation of exponential growth. In the early years, interest is calculated primarily on your principal. In later years, interest is calculated on the principal plus the massive amount of accumulated interest, causing the balance to grow at an accelerating rate.
No. The output represents the gross future value. Tax liabilities depend on the account type (e.g., Roth IRA vs. Brokerage), jurisdiction, and the timing of realization (capital gains events). You must apply your effective tax rate to the "Total Interest" component to estimate net returns.
Professional financial planning often assumes a conservative 6-8% nominal return for diversified equity portfolios and 3-5% for bond-heavy portfolios. Using rates above 12% for long-term projections is generally considered imprudent due to market volatility and reversion to the mean.
The result is the "Nominal" future value. To understand what that money can actually buy in the future, you should subtract the expected inflation rate from your investment return rate before calculating, or use our Real Rate of Return calculator.