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Becoming A Millionaire

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It may surprise you how quickly you can accumulate a million dollars. Use this calculator to estimate the annual amount you would have to set aside each year to reach a million dollars.

Savings and AssumptionsInput
(1-99)
(1-99)
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(0-12)%
(0-12)%
(0-50)%
(0-10)%
Savings and Assumptions
{ "WS" : "ads1.finance.vip.re4.yahoo.com/CalcService", "fields" : { "udata" : [ "current_age" , "retirement_age" , "initial_balance" , "savings_increase" , "before_tax_return" , "tax_bracket" , "inflation_rate" ], "rdata" : { "results_paragraph1" : "results_paragraph" , "results_paragraph2" : "results_paragraph" , "chart" : "chart" , "years" : { "age" : [ { "name" : "@age", "label" : "Age" } , { "name" : "@beginning_balance", "label" : "Beginning Balance" } , { "name" : "@annual_savings", "label" : "Savings" } , { "name" : "@interest", "label" : "Interest" } , { "name" : "@taxes", "label" : "Taxes" } , { "name" : "@ending_balance", "label" : "Ending Balance" } ] } } } }
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This calculator is provided by Financial Calculators, Inc., and is intended solely for general information and educational purposes. You should not take any action on the basis of the information provided through this calculator. Please see the disclaimer for further information and limitations.

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