Millionaire by…
Plug in your salary and saving rate. See exactly when you cross $1M — and what's it costs in years to bump your savings rate up.
401(k), Roth IRA, taxable brokerage. Anything earmarked for long-term. Not cash savings.
All retirement contributions combined (401k + Roth IRA + taxable). 15% is a solid baseline; 25%+ buys you early retirement.
Most common: 100% match up to 4-6%. If you don't contribute enough to get the full match, you're leaving free money — see the 401(k) Match Calculator.
7% is the long-run S&P 500 average net of inflation. Conservative-honest.
You'd cross $1,000,000 at age
52
Contributing $X/yr (yours $X + match $X). About Y years from now.
Your contribution
$9,750
Employer match
$2,600
Total annual savings
$12,350
Milestones
| Milestone | Age | Years away |
|---|
What changes if you bump your savings rate?
| Savings rate | $1M at age | Vs current | $2.5M at age |
|---|
$2.5M ≈ the "financial independence" number for a $100K/yr lifestyle at a 4% withdrawal rate. Hit that and work becomes optional.
The 20s math
Every percentage point of savings rate you can bump UP in your 20s shaves years off your millionaire age. Going from 10% → 20% savings rate usually means hitting $1M 8-10 years earlier — because (a) you're saving more and (b) you've trained your lifestyle to need less, so you need less to retire on. Two compounding wins.
The order of operations
1. Capture your full 401(k) match (instant 50-100% return). 2. Max your Roth IRA (~$7K/yr — see The 20s Advantage). 3. If you have student loans > 6.5% APR, attack those next. 4. Bump 401(k) toward the $23,500 IRS limit. 5. After 401(k) max, taxable brokerage. The first three steps matter way more than the rest.