Wednesday, September 24, 2014

Tip of the Week: Be A Millionaire

Become a millionaire on an average salary . . .

Save $1,000 monthly at 8% interest for 26 years and you will have $1,000,000.00
Save $2,000 monthly at 8% interest for 19 years and you will have $1,000,000.00
Save $3,000 monthly at 8% interest for 15 years and you will have $1,000,000.00


Note: These numbers reflect investing in a Index Mutual Fund which has averaged 8-11% since the 1920's. Please feel to use the Millionaire Calculator.

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