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Time Value Calculator to Calculate Present and Future Value of Your Time

Calculator Preferences
Time Value Calculator Sign
Time Value Calculator

This calculator will calculate how much a block of your present time could be worth in the future if invested instead of wasted, as well as how much discretionary time that future value represents. The Learn tab includes:

  • What is money is and why it DOES NOT equal profit!
  • The hidden costs of instant gratification.
  • Steps to transitioning to a work you love.
Learn More

Selected Data Record:

A Data Record is a set of calculator entries that are stored in your web browser's Local Storage. If a Data Record is currently selected in the "Data" tab, this line will list the name you gave to that data record. If no data record is selected, or you have no entries stored for this calculator, the line will display "None".

DataData recordData recordSelected data record: None
Current age:Current age:Current age:Current age:

Current age:

Enter your current age.

Retire age:Retirement age:Age you expect to retire at:Age you expect to retire at:

Retire age:

Enter the age you plan or hope to retire at.

RHWReal hourly wageReal hourly wageReal hourly wage:

Real hourly wage:

Enter your after-tax, after work-related-expense hourly wage. Clicking the link will open the Real Hourly Wage Calculator in a new window.

ROI:Expected ROI:Expected annual return on investments:Expected annual return on investments:

Expected annual return on investments:

Enter the annual interest rate you expect to earn on your investments. Enter as a percentage but without the percent sign (for .06 or 6% enter 6).

Time Until Retirement
Tap the text for a description of each row result.
TimeTotalTotalTotalTotalWorkWorkWorkWork
Years:Years:# of years:Number of years:

Number of years:

This is the number of years remaining until you reach retirement age.

Days:Days:# of days:Number of days:

Number of days:

The result in the left column is the estimated number of days remaining till you retire. The result in the right column is the number of work days.

Hours:Hours:# of hours:Number of hours:

Number of hours:

The result in the left column is the estimated number of awake hours remaining till you retire based on 8-hours of sleep per day. The result in the right column is the number of work hours remaining.

Present and Future Values
Tap the text for a description of each row result.

Lump Sum

Lump sum column:

Various lump sum denominations.


Present Value

Present value column:

Each row in this column lists the present value of the lump sum described in the far left-hand column.


Future Value

Future value column:

Each row in this column lists the future value of the lump sum described in the far left-hand column. The future values are based on investing the present value of the lump sum for the number of years until retirement, earning the entered interest rate.


Future Time

Future time column:

Each row in this column lists the future time represented by the future value of the lump sum described in the far left-hand column. The future times are based on dividing the future value of the lump sum by the entered real hourly wage, the result of which represents the number of hours you could take off from work if you withdrew your savings and used it to pay your living expenses.

Dollar:Dollar:One dollar:One dollar:

One dollar:

Present, future, and time value of one dollar of your money.

Hour:Hour:Work hour:Work hour:

Work hour:

Present, future, and time value of the net wage from one hour of time spent at work.

Day:Day:Work day:Work day:

Work day:

Present, future, and time value of the net wages from 8-hours spent at work.

Week:Week:Work week:Work week:

Work week:

Present, future, and time value of the net wages for 40-hours of work.

Month:Month:Work month:Work month:

Work month:

Present, future, and time value of the net wages for one month of work.

Year:Year:Work year:Work year:

Work year:

Present, future, and time value of the net wages for the next year.

If you would like to save the current entries to the secure database, tap or click on the Data tab, select "New Data Record", give the data record a name, then tap or click the Save button. To save changes to previously saved entries, simply tap the Save button. Please select and "Clear" any data records you no longer need.

Feedback AppreciatedFeedback Greatly AppreciatedYour Feedback Would Be Greatly AppreciatedYour Feedback Is Greatly Appreciated
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Tip

About

About the Time Value Calculator

This calculator will provide you with a powerful motivator for overcoming the temptation to succumb to instant gratification and its wealth-destroying consequences.

Specifically, this time value calculator will calculate the future value of your present time, as well as the amount of time that future value represents.

For example, if you invested one hour's worth of wages you earn today, the calculator will not only tell you how much it would grow to by the time you reach retirement age, but also how much time off your investment would buy you.

Discover the benefits of subscribing to the Ad-Free Member Version of my website.
Learn how I went from being trapped in a work I hated to being free to work at what I love.

Instructions

How to use the Time Value Calculator

Step #1:

Enter your current age.

Step #2:

Enter the age you expect to retire at.

Step #3:

Enter your real or net hourly wage (what's left after taxes and work-related expenses).

Step #4:

Enter percentage return you expect to earn on your future investments.

Step #5:

Click the "Calculate Your Time Value" button. This will populate the time and value charts and display a written summary of the results.

Saving Entries:

If your web browser supports Local Storage, you can save your entries to your web browser so won't have to start over on your next visit. Please note that your saved entries can only be retrieved from the same device and web browser you were using when you stored them. If you would like to access your saved entries from any device I invite you to subscribe to the Ad-Free Member Version.

To save your entries to your web browser, click or tap the Data tab in the Help and Tools section (mobile: top right of the main screen), select "New Data Record" from the drop-down menu, enter a name for the data record, and then tap or click the Save button.

To load previously saved entries, click or tap the Data tab and select the saved data record from the drop-down menu. You can then save any changes to your entries by simply clicking the Save button while the data record is selected.

To clear a named set of saved entries, click or tap the Data tab, select the saved data record from the drop-down menu, and then tap or click the Clear button.

Numbers and Decimals:

Only numeric characters (0-9 and decimal points) may be entered in numeric fields. Non-numeric characters (dollar signs, percent signs, commas, etc.) may cause calculation errors. If the field includes a grid icon, tapping the icon will open a popup keypad which will include only the characters allowed in the field. If your device keypad does not include a decimal point, use this popup keypad to enter decimal numbers where applicable.

Popup Tool Tips:

Tap the info (i) icons for a further explanation of each entry field (you can click [X] or outside of the pop-up tool tips to close them). A summary of these explanations, along with any additional term explanations, can also be found under the Terms tab.

Disclaimer:

Since I can't test for every possible combination of numbers, please be sure to double-check the results of this calculator yourself before considering them to be valid. If you do discover an issue with the calculated results, please report the issue using the feedback form located below the calculator.

Scrolling & Shrinking:

In order to scroll the calculator vertically you will need to swipe just outside of the calculator's dark-blue border, or use the window's far right-hand scroll bar, whichever is applicable to your device.

If the top section of the calculator becomes to tall for your viewport, tapping in the "Enter a problem..." field should reset the top section to its original height.

Disclaimer:

The Algebra Calculator is the only calculator on the site that I did not create myself. And since I did not create it, I don't have access to the code for fixing any issues you may be experiencing. So if you are having issues with the calculator, please visit the support page at Mathway.com for assistance.

Glossary

Fields, Terms, and Definitions.

Reset button:

Clicking the "Reset" button will restore the calculator to its default settings.

Pocket Calculator

Calculate any amounts needed to enter into calculator.

 

Data Management

Save and retrieve entries and notes (requires HTML5 compliant web browser).

Calculator Data

Calculator Data:

If you are using the latest version of your web browser software, this feature will allow you to save your calculator entries to your web browser's local storage in between visits. This means the calculator entries can only be recalled with the same device and web browser you were using when you saved them. If you'd like to save data between devices you will need to subscribe to the Ad-Free Member Version.

Save: To save a new set of calculator entries, select "New Data Record" from the dropdown list, enter a nickname for the data record, then click the "Save" button.

Load: To load a previously saved set of calculator entries, simply select the name of the data record from the dropdown list.

Save Changes: To save changes to a set of previously saved calculator entries, be sure the name of the data record is selected, and then click the "Save" button.

Clear: To clear a saved set of entries, be sure the name of the data record is selected, and then click the "Clear" button.

Backup Data
My Notes:
Subscribe to the Cloud level of the Ad-Free Member Version to save your entries and notes to a secure online database, allowing you to access your saved entries from any device or web browser.

Sorry! The Save functions are bonus features reserved for those who allow ads to display on the page.

If you would like to use the Save features, please disable ad blocking for this website and refresh the page. Or you can choose to subscribe to the Ad-Free Member Version of the site.

Help and Tools

Help and Tools:

This section, which you can Unstick or Hide in the Calculator Preferences (just above the top of the calculator), contains the following tabs (content too long to fit within bordered frame can be scrolled up and down):

About: Click this tab for an introduction to the calculator.

Instructions: Click this tab for step-by-step instructions for using the calculator.

Terms: Click this tab for a list of the descriptions that are located within each popup help button (info icons).

PCalc: Click this tab for a handy "pocket" calculator you can use when you need to calculate an entry needed for the calculator.

Data: Click this tab to save a set of entries or a note in between visits. Entries and notes will be stored to your web browser's local storage (if supported by your browser of choice), meaning they can only be recalled with the same device and web browser you were using when you saved them. If you'd like to save entries and notes between devices you can do so by subscribing to the Ad-Free Member Version.

 

Favorites

Add or remove this page to/from my favorites.

Adjust Calculator Width:

Move the slider to left and right to adjust the calculator width. Note that the Help and Tools panel will be hidden when the calculator is too wide to fit both on the screen. Moving the slider to the left will bring the instructions and tools panel back into view.

Also note that some calculators will reformat to accommodate the screen size as you make the calculator wider or narrower. If the calculator is narrow, columns of entry rows will be converted to a vertical entry form, whereas a wider calculator will display columns of entry rows, and the entry fields will be smaller in size ... since they will not need to be "thumb friendly".

Show/Hide Popup Keypads:

Select Show or Hide to show or hide the popup keypad icons located next to numeric entry fields. These are generally only needed for mobile devices that don't have decimal points in their numeric keypads. So if you are on a desktop, you may find the calculator to be more user-friendly and less cluttered without them.

Stick/Unstick Tools:

Select Stick or Unstick to stick or unstick the help and tools panel. Selecting "Stick" will keep the panel in view while scrolling the calculator vertically. If you find that annoying, select "Unstick" to keep the panel in a stationary position.

If the tools panel becomes "Unstuck" on its own, try clicking "Unstick" and then "Stick" to re-stick the panel.