Years to a Million.
The time to a financial target depends on your starting balance, regular contributions and the return you assume. This calculator compounds at a fixed monthly equivalent of your annual assumption. It illustrates a scenario, not a likely outcome; actual returns vary and may be negative.
262 monthly periods under a fixed 7% effective annual return assumption.
View the year-by-year figures
| Year | Contributed | Balance |
|---|---|---|
| 0.0 | $25,000 | $25,000 |
| 1.0 | $43,000 | $45,320 |
| 2.0 | $61,000 | $67,063 |
| 3.0 | $79,000 | $90,328 |
| 4.0 | $97,000 | $115,222 |
| 5.0 | $115,000 | $141,858 |
| 6.0 | $133,000 | $170,358 |
| 7.0 | $151,000 | $200,854 |
| 8.0 | $169,000 | $233,484 |
| 9.0 | $187,000 | $268,398 |
| 10.0 | $205,000 | $305,756 |
| 11.0 | $223,000 | $345,730 |
| 12.0 | $241,000 | $388,501 |
| 13.0 | $259,000 | $434,267 |
| 14.0 | $277,000 | $483,236 |
| 15.0 | $295,000 | $535,633 |
| 16.0 | $313,000 | $591,698 |
| 17.0 | $331,000 | $651,687 |
| 18.0 | $349,000 | $715,875 |
| 19.0 | $367,000 | $784,557 |
| 20.0 | $385,000 | $858,047 |
| 21.0 | $403,000 | $936,680 |
| 21.8 | $418,000 | $1,006,397 |
Read the assumptions.
Monthly rate = (1 + annual rate)^(1/12) − 1. Contributions arrive at month-end. Constant contributions and smooth returns are assumed. Taxes, fees, inflation, withdrawals and volatility are excluded. Results stop at the first target-crossing month or at 100 years. Values are nominal, not inflation-adjusted.
Changing the currency changes the unit only; it does not convert exchange rates.
For educational purposes only. Not personalized financial, tax or legal advice. Past results do not predict future results. No returns are guaranteed.
Calculations run in your browser. Your numbers are not submitted to our signup database or analytics hooks.