Determine how much you need to invest today to reach your target future value.
Calculate Present Value
Your Results
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How to Use This Calculator
Enter your future goal, years to reach it, and expected annual return.
Frequently Asked Questions
What is present value?
It is the current worth of a future sum of money given a specified rate of return.
What does the Present Value Calculator actually tell me?
The Present Value Calculator tells you how much a future lump sum of money is worth in today’s dollars, discounted by a specific interest rate.
Who uses the Present Value Calculator?
Financial analysts, accountants, and savvy investors use the Present Value Calculator to determine if a future payout is worth an upfront cost.
Does the Present Value Calculator account for monthly contributions?
No, the Present Value Calculator evaluates a single lump sum. For monthly contributions, use our Savings Goal Calculator.
Why does a higher rate lower the Present Value Calculator result?
Because if you can earn a high return elsewhere, the future payout is worth less to you today. The Present Value Calculator perfectly illustrates opportunity cost.