How long until you are a millionaire?

This calculator allows you to calculate how long it will take until you reach your desired account balance.

Millionaire Calculator

Instructions

Enter your starting balance, your desired ending balance (default = $1,000,000), monthly contribution, your Average Annual Return rate or the current interest rate and the inflation factor (optional.)

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Explanations

This calculator estimates how long it may take to reach a savings or investment goal. It uses your starting balance, monthly deposits, assumed average annual return, inflation, and target amount.

The inflation-adjusted result expresses the future target in today’s dollars. Actual returns and inflation vary, so the result is an illustration rather than investment advice.

About

How long until you are a millionaire?

Version: 0.1

Author: Nicholas Tsakiris Alston