Millionaire Calculator Millionaire Calculator When will you become a millionaire? This calculator shows you how long it will take you to reach a savings goal. How much is the initial deposit How much will you deposit monthly ($) Average rate of return on investment (%)1 Average annual inflation rate (%)2 What goal would you like to reach ($)3 You will reach your goal in In today's $s, becauseof inflation, the finalamount is worth ($) If you take the capital of and invest at rate of return of (%)4 This will provide monthly income before tax of or, an annual income before tax of 1 3% is a (fairly) high rate of return. 2 Inflation, is currently less than 4%. Note: Inflation is currently low, choose whatever rate you wish, but we think 3% is fair as an average You may change the rate of inflation and the rate of return to what ever rates you think will apply over the number of years you select. We suggest rates between 3% and 5%. 3 Similarly the $1m is our default wealth goal. You can change this to whatever final figure you want. 4 You may change the rate of return to any value you like Back to Calculators