Tel
• 024 7624 3603
Fax
• 024 7624 3604
Email
•
info@mkhac.co.uk
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Millionaire Calculator
This calculator will show you how long it will take you to become a millionaire.
Starting balance (£)
Monthly deposit (£)
* Average annual interest rate (%)
* Average annual inflation rate (%)
Final amount desired (£)
You will reach your goal in
In todays money, because
of inflation, the final
amount is worth (£)
*4.5% is a (fairly) high rate of return. Inflation, as measured by the Retail Price Index is currently 2.4%.
CPI
is normally lower than
RPI
x. Do please change these rates as you wish similarly the £1m is our default wealth target, do change to whatever final amount you select.
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MK Horsley & Co • 3 The Quadrant • Coventry • CV1 2DY • Tel 024 7624 3603 • Fax 024 7624 3604 • Email :
info@mkhac.co.uk
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