Saving to be a Millionaire Calculator

This calculator will help you to determine how long it will take you to save to become a millionaire.

NOTE: This calculator is intended to provide general estimates for informational purposes only, not final or binding future value or interest totals.

Sebasticook Valley FCU serves Franklin, Kennebec, Penobscot, Piscataquis, Somerset, and Waldo Counties.

This credit union is federally insured by the National Credit Union Administration.

Enter the initial investment (optional):
Enter the deposit amount:
Enter the annual interest rate you expect to earn (%):
Enter average annual inflation rate (%):
Stop here after completing the above and click the 'Calculate' button to view results.
Number of years till your savings reaches $1 million:
What $1 million will be worth in today's dollars: