Calculator: How long until you're a millionaire?

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Portland, Oregon	August 21, 2008

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How long until you're a millionaire?

Calculate your payment and more

Enter your starting savings balance, the final balance desired, monthly contribution and savings interest rate to find out how long it will take until you reach your goal.

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Looking for more personalized rates? First compare rates in your area, then return to our investment calculator.

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How long until you're a millionaire?

Initial Amount:
Monthly Deposit:
Average Annual Return:	%
* Find the best interest rates in your area for more personalized results.
Average Annual Inflation:	%
Final Amount Desired:

Your results

With a savings rate of 8 %, monthly deposits of $100 and a starting balance of $ 10000 to reach your $1000000 goal

Reach your goal in: 47 years

But due to 3% inflation your $ 1000000
will only be worth $ 249258.76 in today's dollars.

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CDs and Investments

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NATIONAL OVERNIGHT AVERAGES

1 yr CD	3.99%
2 yr CD	4.16%
5 yr CD	4.72%

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