Time to $1M Calculator

Find out how many years and months it could take to reach a million dollars (or any target) based on your current savings, monthly contributions, and expected investment returns.

Current savings / investmentsMonthly contributionExpected annual return (%)Target amount

Time to reach target

25y 8m

At 8% annual return with $800 added each month.

Total you will contribute: $246,400
Interest / growth earned: $731,032
Final portfolio value: $1,002,432
Target: $1,000,000

This is a projection assuming constant monthly contributions and a fixed annual return compounded monthly. Markets vary; past returns are not guarantees. Adjust rate conservatively for planning.