Are you interested in knowing how much you’ll need to save and invest every month if you want to build a $1,000,000 portfolio?
- $5,430 per month for 10 years, or
- $1,687 per month for 20 years, or
- $667 per month for 30 years
Time continues to be your best ally when it comes to saving and investing for your future.
*Each scenario starts with a $0 balance and assumes an 8% annual return*
Tim Plachta, CFP® owns and operates Reliant Wealth Management and Reliant Consulting Partners. He works primarily with small business owners to help them increase profit, reduce their workload (so they can relax more), and invest enough of their earnings to achieve financial independence.