What will it take to become a millionaire?
Use this calculator to compute: What will it take to become a millionaire?
http://www.calcbuilder.com/cgi-bin/calcs/SAV1.cgi/
Suggest using 8% for "return you can earn", 3% for inflation, and zero for taxes IF you are computing this for a IRA, or 401K type account.
Try several different scenarios changing the "amount you save monthly" figure.
http://www.calcbuilder.com/cgi-bin/calcs/SAV1.cgi/
Suggest using 8% for "return you can earn", 3% for inflation, and zero for taxes IF you are computing this for a IRA, or 401K type account.
Try several different scenarios changing the "amount you save monthly" figure.
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