Could You Be a Millionaire?
By Triple Iron Ventures
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Ever wonder how long it would take to become a millionaire?
Could you become a millionaire investing just $20 per week?
How long would it take a good size nest egg to reach $1M?
COULD YOU BE A MILLIONAIRE? helps you answer these questions. Explore the amazing power of compounding interest!
Simply input 3 assumptions; current investments, annual savings, and return on investment (ROI). Based on your input, COULD YOU BE A MILLIONAIRE? will determine the number of years it would take to become a millionaire.
It's possible to get lucky and hit the lottery, or maybe score really big on an investment ... but there are other paths to wealth.
Here are a couple examples, assuming a 7% annual ROI:
(1) You are starting young, and commit to start investing just $20 per week ... you could be a millionaire in 63 YEARS!
(2) You start with nothing, and put away $5,000 in investments each year ... you could be a millionaire in 41 YEARS!
(3) You have $50,000 invested, and continue to invest $20,000/year ... you could be a millionaire in 20 YEARS!
Explore the impact changes in annual savings and ROI assumptions can have on your bottom line.
COULD YOU BE A MILLIONAIRE? could help as you think about saving, investing, and working toward a goal. Run different scenarios to see how long it might take to become a millionaire.
COULD YOU BE A MILLIONAIRE? also includes five millionaire tips that might be helpful to keep in mind as you reach for your dreams.
Give COULD YOU BE A MILLIONAIRE? a try today!
- USD 0.99
- Category: Finance
- Released: 19 May 2010
- Version: 1.1
- Size: 0.0 MB
- Language: English
- Developer: Triple Iron Ventures
- © Copyright Triple Iron Ventures 2010
Compatibility: Requires iOS 3.1.2 or later. Compatible with iPhone, iPad, and iPod touch.