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Millionaire Calculator

This calculator has been designed to provide you with an indication of how long it would take for you to amass £1 Million in a Savings account.


Monthly payment:

Interest rate:
 %

 


Result:
 


You will be a millionaire in:
year



Please note that these figures are for illustrative purposes only.


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For once, I will keep lse’s Blog a Blog, rather than descend into ‘article mode’! Two interesting things have happened in the space of 24 hours from yesterday morning through to this.
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Times are quite simply becoming tough. Many more people are starting to feel the financial squeeze more than at any time in the recent past. Mortgages are most people’s key debt. Based on information on the Council of Mortgage Lender’s (CML) website, there were in excess of 4.8 million fixed-rate mortgages arranged over the years 2003 to 2006 inclusive.
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