Millionaire Time Calculator
This calculator will compute the number of years it will take for you to save up one million dollars, based on your current savings and future monthly deposits.
Enter the initial investment (optional):
Enter the annual interest rate you expect to earn (%):
Enter average annual inflation rate (%):
Number of years till your savings reaches $1 million:
What $1 million will be worth in today's dollars:
Average Annual Inflation Rate:
5% is a good inflation rate to use in your calculations although the actual inflation rate varies year to year.
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