Skip to main content

Savings Goal

Becoming a millionaire

It may surprise you how quickly you can accumulate a million dollars. Use this calculator to determine the annual amount you would have to set aside each year to reach a million dollars and reach your goal to be a millionaire.
Savings and Assumptions
Current age
Age to become millionaire
Initial balance or deposit ($)
Annual increase on new savings: (%)
Before-tax return on savings: (%) help
Marginal tax bracket: (%) help
Anticipated inflation rate: (%) help
chart image
This information may help you analyze your financial planning needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. This service shall not infer that company assumes any fiduciary duties. In addition, such service should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.