Map your path to $1 million
See the monthly investment that could connect where you are today with the portfolio you want.
Invest this amount each month for 20 years to target $1,000,000.
Illustrative only. Markets do not deliver a fixed return, and actual results may be higher or lower.
Want to understand the assumptions behind this tool? See our Calculator Methodology →
How Much Do You Need to Invest to Reach $1 Million?
Enter your current investment balance, target amount, time horizon and an assumed annual return. The calculator estimates the recurring monthly contribution needed to reach the goal under those assumptions.
Why Time Matters
A longer investment horizon gives compounding more time to work, which can reduce the amount you need to contribute each month. Shorter timelines generally require much larger contributions.
Use Different Return Assumptions
Try conservative, moderate and higher return assumptions instead of relying on a single number. Markets do not deliver a fixed return every year, and actual results will differ.
Related: Use the Compound Interest Calculator, Investment Calculator, and Investing 101.
For educational purposes only. This calculator does not provide individualized investment advice and does not guarantee future returns.