Future Value Calculator – Help Guide
The Future Value (FV) Calculator shows how much a current investment will grow over time given a rate of return. It is useful for projecting RRSP, TFSA, or any investment account growth toward a financial goal.
How to Use This Tool
- 1
Enter the present value (starting amount)
Enter the amount you are starting with today.
- 2
Enter regular contributions (optional)
If you plan to add money regularly, enter the periodic contribution amount.
- 3
Enter the annual rate of return
Enter the expected annual growth rate (e.g., 7 for 7%).
- 4
Enter the number of years
Enter the investment period in years.
- 5
Review the future value
The calculator shows the projected balance at the end of the period.
Helpful Tips
- •Starting early is the most powerful factor. $10,000 invested at 25 grows to ~$217,000 by 65 at 8% return.
- •Consistent contributions compound just as powerfully as the initial investment.
- •Use a conservative rate of return (5–6%) for planning purposes to avoid overestimating.
- •The calculator shows both the nominal future value and, if available, the inflation-adjusted real value.
Frequently Asked Questions
Ready to get started?
Open the Calculator