Cool Million Calculator

Cool Million Calculator

Find out what it takes to save one million dollars.

What This Number Means

This timeline is only one part of the decision. Before you set your savings target, consider:

  • What it actually takes to save one million dollars

  • How your monthly contribution and timeline interact

  • How compounding shortens the path the earlier you start

  • Whether your current savings rate gets you there

  • How a different return assumption changes the outcome

How to Use This Calculator

1

Enter your current savings: Input what you've saved so far, if anything.

2

Add your monthly contribution: Enter how much you plan to save each month.

3

Include an expected rate of return: Enter an assumed annual investment return.

4

Review your timeline to a million: See how long it takes to reach one million dollars.

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