Map out your savings planEverybody wants to be a millionaire, but few have the savings discipline to get there. Your current savings, additional monthly savings and the rate of return you receive all factor. But it may not stop there. If you want $1 million worth of purchasing power, you have to consider inflation. So depending on the amount of time it takes you to save $1 million, you might have to have saved even more in order to have that much in purchasing power.
Disclaimer: The accuracy of these calculators and applicability to your circumstances is not guaranteed. Calculators are not a guarantee of credit. Results should be discussed with a qualified professional before any product purchases or loan commitments are made.
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