Comments on: When Will I Be A Millionaire?

By: Garden

Garden — Mon, 21 Jun 2010 16:38:41 +0000

19 years later , will 1 Million be worth the Million ?
I see all these calculations.. with inflation and steep prices hikes it might be just worth $10,000 of today…
What we need to know is how to be on the top of the ladder and retire on that date then and not a figure no one seeks to achieve…

By: Bret

Bret — Mon, 14 Sep 2009 19:08:26 +0000

I get 20 years and 5 months.

Of course, the real number is the inflation adjusted one. I think we are going to see some real inflation pretty soon. And, not the “core rate” inflation number the Government posts.

By: SimplyForties

SimplyForties — Sun, 13 Sep 2009 23:27:17 +0000

If having a million dollars is your goal, this tool would be a good way to see if you’re on track. Thanks for sharing it.

By: Susan Tiner

Susan Tiner — Thu, 03 Sep 2009 19:23:41 +0000

Per this article http://bit.ly/LdSUY at SeekingAlpha, we can probably expect lower market returns in the future for the same or similar risk. It makes sense to focus on reducing spending and on increasing savings and income.