Million Dollar Savings Calculator

Updated November 03, 2020

Want to retire wealthy? This InvestingAnswers financial calculator will show you how much you need to save each month in order to become a millionaire.

Current Amount Saved:
Years to Goal:
Annual Rate of Return (%):
= Amount You Must Save Each Month

For example, if you're planning to retire with $1,000,000 in 30 years – and you think you can achieve a 6% return on your money each year – enter: "30" as the Years to Goal and "6%" as the Annual Rate of Return. If you already have $10,000 saved up, enter "$10,000" as your Current Amount Saved.

This monthly financial calculator shows you how much to save to become a millionaire.