Millionaire Calculator
Check out this millionaire calculator from CNNMoney.com. You tell it how much you have, how long you will save and at what rate, and you find out when your nest egg will hit 7 figures.
I plugged our numbers in and Lediya and I will be millionaires in 10 years and 6 months (adjusted for 3% annual inflation). We'll be millionaires at age 40!
The calculator assumes the rate of return at 9%, which is close to the average historical return for a 60% stock and 40% bond portfolio mix.
When will you be a millionaire?
Labels: personal finance








0 Comments:
Post a Comment
<< Home