How to use it
- Enter Starting amount.
- Enter Annual rate %.
- Enter Years.
- Enter Compounds / year.
- Enter Monthly contribution.
The formula
Time to a million depends on deposit and return.
Worked example
Starting early makes the monthly figure far smaller.
Frequently asked questions
Is a million realistic?
With time and consistent investing, often yes.
What matters most?
Starting early and staying invested.
Tips
- Automate deposits so saving happens by default.
- Keep an easy-access emergency buffer separate from goals.
- Chase a competitive rate — the gap compounds.
Key terms
- APY
- Yearly rate including compounding.
- Liquidity
- How easily you can access funds.
- CD
- A fixed-term deposit.