MidWest America Federal Credit Union

How Long Will It Take To Become a Millionaire?
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Wondering how long it will take you to become a millionaire? Discover the power of compound interest. Use this calculator to find out how long it will take for your savings to grow to a million dollars.

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Results

To become a millionaire, you can:

Invest $0 now and $0 monthly at 0% and you'll be a millionaire in 0 years at age 0.

To be a millionaire in 0 years, you can:

  • Change amount invested now to: $0
  • Change monthly savings to: $0
  • Achieve a rate of return of: 0%

When adjusted for inflation of 0%, $1,000,000 in 0 years will be worth $0.

Information

MidWest America Federal Credit Union

MidWest America serves many business partners or SEGs, plus there are designated areas where anyone who works, lives, worships, attends school, or has a business there is eligible to join. For a complete listing, please visit: www.mwafcu.org and click on HOW TO JOIN

1104 Medical Park Dr
Fort Wayne, IN 46825-5826
(260) 482-3334
www.mwafcu.org

Resources

Resources

The Motley Fool's "Saving & Spending Center" provides a crash-course in how to save more money, including budgeting, short-term savings vehicles, saving for college, etc.

FinancialLiteracyMonth.com's Tools for Success section offers helpful worksheets for income, net worth, debt load, etc. Try these exercises to get one step closer to realizing your long-term financial goals.

About.com's Money In Your 20's section has great articles to get you thinking about ways to save better.

At Credit Unions, You Save More Because credit unions are member-owned and member-operated, they pay-it-forward to members in the form of better interest rates and lower fees (instead of sending profits up to shareholders, like at a bank.) Find yours at www.CULookup.com.