Millionaire Calculator
Find out how long it will take to become a millionaire based on your monthly savings and expected return.
Part of our Finance Calculators collection.
Millionaire Calculator
Free online calculator
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Results update automatically as you type
How to Use This Calculator
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Enter your financial details.
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See projections instantly.
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Adjust to model different scenarios.
How This is Calculated
Solve for n: PV(1+r/12)^n + PMT×[(1+r/12)^n−1]/(r/12) = $1,000,000
Example Calculation
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Frequently Asked Questions
How accurate are these projections?
Investment projections assume a constant return rate which never occurs in practice. Use these as planning guides, not guarantees.
Should I consult a financial advisor?
For retirement planning, a fee-only fiduciary financial advisor can provide personalised guidance accounting for your full financial picture.