The "How Long to Save 1 Million Dollars" Calculator

Want to discover how long it will take to save $1,000,000? This “millionaire calculator” will help.

Current Amount Saved:
Monthly Savings Amount:
Annual Rate of Return (%):
 
= Number of Years to Reach $1,000,000 Goal

 

 

For example, if you have $20,000 in savings, believe you're able to save or invest $400 a month, and think you can achieve a 6% return on your money each year, enter:

  • "$400" as the Monthly Savings Amount
  • "6%" as the Annual Rate of Return
  • "$20,000" as your Current Amount Saved.

You can also discover how much you need to save to become a millionaire.

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