Table 3
At What Age Could You Become a Millionaire?
Age to begin saving
Amount to save each month (dollars)
Average APR (percent)
Years to become a millionaire
Age you’re a millionaire!
18
$250
7%
46
64
20
250
7
46
66
25
250
7
45
70
30
250
7
45
75
40
250
7
45
86