$10,000 invested in the S&P 500 in 1973
$10,000 put into an S&P 500 index fund in January 1973 would be worth about $2,720,493 by Sep 2026, with dividends reinvested. That is 11.0% a year.
Real monthly S&P 500 data, updated monthly. How we calculate$10,000 put into the S&P 500 in Jan 1973 is now worth
S&P 500 came out on top, 4.0× the runner-up, Gold at $678,615. Bonds finished last at $256,720. Just keeping up with prices needed $78,634, and all of them did better. It ends in Aug 2026, the latest month with data for Bonds.
Full results by asset
| Asset | Worth now | Per year | Total return | Worst drop |
|---|---|---|---|---|
| S&P 500 | $2,733,319 | 11.0% | 27,233% | −49% (Mar 2009) |
| Gold | $678,615 | 8.2% | 6,686% | −62% (Jul 1999) |
| Bonds | $256,720 | 6.2% | 2,467% | −25% (Oct 2023) |
The chart uses a log scale: equal steps up mean equal percentage gains. What each line measures: S&P 500, S&P 500 monthly average level with dividends reinvested (an index fund, before its small fee); Gold, gold monthly average price in US dollars per ounce; Bonds, total return of 10-year US Treasury bonds (interest plus price changes), modelled from the monthly 10-year yield. Inflation uses the US Consumer Price Index. Monthly averages, data through Aug 2026; no fees or taxes. Past returns do not predict future returns.
The result
Over 54 years the money doubled about 8.1 times. Without reinvesting dividends it would be $647,754: dividends account for 76% of the final value.
Inflation matters over this long. $10,000 in 1973 had the buying power of about $78,634 today, so the real gain is $2,720,493 against $78,634: still 34.6× the buying power, or 6.8% a year above inflation.
It was not a smooth ride. The value fell 49% from a high around Mar 2009, during the 2008 financial crisis. Holding through it was the price of the final number.
The same $10,000 in other assets from January 1973: 10-year Treasury bonds: $256,720; gold: $664,462. Compare more assets.
| After | Year | Worth |
|---|---|---|
| 5 years | 1978 | $9,315 |
| 10 years | 1983 | $19,322 |
| 20 years | 1993 | $83,303 |
| 30 years | 2003 | $206,705 |
| 40 years | 2013 | $416,433 |
| 50 years | 2023 | $1,342,414 |
| Now | Sep 2026 | $2,720,493 |
Value over time, with dividends reinvested. No fees or taxes.
Try other amounts and years
Common questions
How much would $10,000 invested in the S&P 500 in 1973 be worth today?
About $2,720,493 as of Sep 2026, with dividends reinvested and no fees or taxes. Without dividends, about $647,754.
What was the average yearly return since 1973?
11.0% a year before inflation and 6.8% after inflation.
How much is $10,000 from 1973 in today's money?
About $78,634, based on US consumer prices (CPI). See inflation since 1973.
Is a lump sum better than investing monthly?
Historically a lump sum came out ahead about two-thirds of the time, because markets rise more often than they fall. Spreading it out reduces regret if a crash comes right after. Test both with the lump sum vs DCA calculator.
Based on the S&P 500 monthly average level with dividends reinvested (an index fund before its small fee). Educational estimates, not investment advice. Past returns do not predict future returns.
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