Millionaire calculator

Find out how long it will take you to become a millionaire.

Enter the details of your savings and press calculate to see how long it will take you to become a millionaire.

The initial amount held in savings.

The amount to be saved each month.

The expected average return on investment.

The expected level that inflation shall rise by annually.

The total amount desired.

Could you live on the amount you have desired? Find out by ticking the box and completing the additional information below, if it applies to you.

The rate of return you expect to make from your investment.

Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.

Alternative calculators


© 2025 Schofields Chartered Accountants. All rights reserved.

We use cookies on this website, you can find more information about cookies here.

Please note that calls to our office may be monitored or recorded
Full company name: Schofields Accountants Limited. Registration number: 13936979 Place of registration: England & Wales.
Details about our audit registration can be viewed at www.auditregister.org.uk, under reference number C009741549. Our Audit regulations can be viewed at www.icaew.com/regulations. Our Ethical Standard can be viewed at www.FRC.org.uk.

Registered office address: Unit 1, St Stephens Court, 15-17 St Stephens Road, Bournemouth, Dorset BH2 6LA