Future Value Calculator

Calculate what your investment will be worth in the future. Understand the time value of money and plan your financial goals with different compounding frequencies.

Investment Details
Calculate future value
₹

Amount you have today

8%
1%25%
10 years
1 year40 years

How often interest is compounded

Effective Annual Rate8.00%
Growth Multiple2.16x

Future Value

₹2,15,892

Present Value₹1,00,000

Total Interest

₹1,15,892

115.9% gain

Time Period

10 years

Annually

Interest Rate

8%

Annual rate

Compounding Comparison
See how different compounding frequencies affect your returns

Annually

1 times per year

₹2,15,892

+₹1,15,892

Semi-Annually

2 times per year

₹2,19,112

+₹1,19,112

Quarterly

4 times per year

₹2,20,804

+₹1,20,804

Monthly

12 times per year

₹2,21,964

+₹1,21,964

Daily

365 times per year

₹2,22,535

+₹1,22,535

Key Insights

Growth Rate

Your money will grow 2.16x in 10 years at 8% annual rate

Compound Effect

Annually compounding gives you an effective rate of 8.00%

Time Value

₹1,00,000 today will be worth ₹2,15,892 in 10 years

What is Future Value?

Future Value (FV) is the value of a current asset at a specified date in the future based on an assumed rate of growth. It's a fundamental concept in finance that helps you understand the time value of money - the idea that money available today is worth more than the same amount in the future due to its potential earning capacity.

The Future Value calculation takes into account compound interest, which means you earn interest on both your initial investment and the interest that accumulates over time. This compounding effect can significantly increase your wealth over long periods.

The Future Value Formula

FV = PV × (1 + r/n)^(nt)
  • FV = Future Value
  • PV = Present Value (initial amount)
  • r = Annual interest rate (decimal)
  • n = Number of times compounded per year
  • t = Number of years

Why Use a Future Value Calculator?

  • •Retirement Planning: Estimate your retirement corpus
  • •Investment Goals: Plan for major purchases or life events
  • •Compare Options: Evaluate different investment opportunities
  • •Financial Planning: Make informed decisions about savings

Frequently Asked Questions

What is Future Value (FV)?

Future Value is the value of a current asset at a specified date in the future based on an assumed rate of growth. It helps you understand what your money will be worth in the future.

How does compounding frequency affect future value?

More frequent compounding results in higher future value. Daily compounding yields more than monthly, which yields more than annual compounding, though the difference decreases at higher frequencies.

What's the difference between FV and compound interest?

Future Value is the total amount you'll have in the future, while compound interest is just the interest earned. FV = Present Value + Compound Interest.

Can I use this for retirement planning?

Yes! Future Value calculations are perfect for retirement planning. Input your current savings, expected return rate, and years until retirement to see your projected retirement corpus.