How Long Does It Take to Reach $1 Million?

Use this calculator to estimate how long it may take to build a $1 million portfolio through regular investing and compound interest.

Current Savings ($) Monthly Contribution ($) Annual Return (%)

Why $1 Million?

For many investors, reaching $1 million is a major financial milestone. Consistent investing and long-term compounding can often be more important than trying to pick the perfect investment.

Example

An investor starting with $10,000 and investing $500 per month at an 8% annual return could potentially reach $1 million in roughly 30 years.