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Millionaire Calculator

Inputs

Current Savings(USD)

How much money do you have saved today?

Annual Income(USD)

Your gross annual income before taxes

Savings Rate(%)

Percentage of income you save each year

Annual Investment Return(%)

Expected average annual return on investments (0-15% typical)

Years to Millionaire

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Time until you reach $1,000,000

Projected Age

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Annual Savings Amount

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Portfolio Value at Goal

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Formula

Years = log(Goal / Current + (Annual_Savings / Return) * ((1 + Return)^Years - 1)) / log(1 + Return)