| Your age: |
Your current age in years. |
| Millionaire target age: |
The age you want to become a millionaire. For example, to find out what it will take to be a millionaire by age 40, enter 40 here. |
| Amount currently invested: |
Total value of all of your current investments. Although you could include your home and personal property in this amount - it is a bit more accurate to include only your savings, retirement accounts and investments. |
| Savings per month: |
The amount you will contribute each month to your investments. |
| Expected Rate of Return: |
Pre-tax rate of return on investments. For example, the long-term rate of return for the S&P 500 is about 10%. |
| State Tax Rate: |
Your marginal state tax rate. |
| Federal Tax Rate: |
Your marginal federal tax rate. |
| Expected Inflation Rate: |
What you expect for the average long-term inflation rate. |
