Time Value of Money Calculator
A dollar today is worth more than a dollar tomorrow. Solve for FV, PV, required rate, or required time. Annuity mode. Real vs nominal. Fisher equation inflation adjustment.
Future Value
$38,697
In today's dollars (inflation-adjusted): $21,426
Rate Used
7.00%
Periods
20 yrs
Compound Factor
3.87×
Rule of 72
10.3 yrs
Inputs
Calculation Mode
Starting amount today
Expected annual return or discount rate
Time horizon in years
For real-return and purchasing power calcs
Year-by-Year Schedule
| Year | Nominal Balance | Real Balance (today's $) |
|---|---|---|
| Yr 1 | $10,700 | $10,388 |
| Yr 2 | $11,449 | $10,792 |
| Yr 3 | $12,250 | $11,211 |
| Yr 4 | $13,108 | $11,646 |
| Yr 5 | $14,026 | $12,099 |
| Yr 6 | $15,007 | $12,568 |
| Yr 7 | $16,058 | $13,056 |
| Yr 8 | $17,182 | $13,564 |
| Yr 9 | $18,385 | $14,090 |
| Yr 10 | $19,672 | $14,637 |
| Yr 11 | $21,049 | $15,206 |
| Yr 12 | $22,522 | $15,796 |
| Yr 13 | $24,098 | $16,410 |
| Yr 14 | $25,785 | $17,047 |
| Yr 15 | $27,590 | $17,709 |
| Yr 16 | $29,522 | $18,397 |
| Yr 17 | $31,588 | $19,111 |
| Yr 18 | $33,799 | $19,854 |
| Yr 19 | $36,165 | $20,625 |
| Yr 20 | $38,697 | $21,426 |
Related Tools
Savings Rate Calculator
Calculate your savings rate and see how it affects your path to financial independence. FI number, years to FI, projected retirement balance, and a sensitivity table across 5–70% savings rates.
Open
Debt Payoff Calculator
Compare debt snowball vs avalanche — find your fastest path to debt freedom
Open
Retirement Savings Calculator
Find out if you're on track to retire comfortably. See your projected balance, inflation-adjusted income, and exactly how much more to save each month to close any gap.
Open
Net Worth Calculator
What are you actually worth? Enter assets and liabilities (including business equity and business loans) — get net worth, liquid net worth, debt-to-asset ratio, wealth rating, next milestone, and a 10-year trajectory.
Open
You might also like
Savings Rate Calculator
Calculate your savings rate and see how it affects your path to financial independence. FI number, years to FI, projected retirement balance, and a sensitivity table across 5–70% savings rates.
Try it
Debt Payoff Calculator
Compare debt snowball vs avalanche — find your fastest path to debt freedom
Try it
Retirement Savings Calculator
Find out if you're on track to retire comfortably. See your projected balance, inflation-adjusted income, and exactly how much more to save each month to close any gap.
Try it