Periodic Deposit Calculator: How Much Do You Need to Invest Monthly to Reach Your First Million
Updated: 2021-08-08T14:30:33Z

 

Last time, I've created a little tool that helps you to calculate how many years will it take to reach your first million. Click 'Million Calculator: How Many Years Will It Take to Reach Your First Million' to try.

 

The tool above operates based on the assumption that you only have an initial investment and let the interest rate and duration do the rest. An investment and forget strategy.

 

This new tool below will calculate your monthly deposit for your investment to grow and reach your first million.

 




Periodic Deposit Investment Calculator



Instruction: Do not add a comma when inputting values. For example, you need to enter 10000 instead of 10,000 to calculate the values correctly.






 

For any investments to grow, you need to only three things: Patience, Consistency, and Faith.

 

 

 

Quote

 

"An investment in knowledge always pays the best interest."
Benjamin Franklin
 
 
 
- Your Life In Perspective by ÆlfRæd (Elf Counsel)
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