With consistent savings and (hopefully) a decent interest rate on those savings, you might be able to become a millionaire. When and what will it take? This interactive calculator will show you.
The neat thing about the tool, besides quickly telling you how old you’ll be when you reach a million dollars, is you can play around with the variables to see how extra savings or stronger investments affect the end result.
A million bucks might be more or less than you need to save for retirement, but just playing around with this tool could boost your chances of not running out of money after you retire.