Here's How Long It Takes To Become A Millionaire

How long does it take to become a millionaire? In this video, we'll do the math to see how much you need to save each month to become a millionaire.

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Timestamps

0:00 - Here's How Long It Takes To Become A Millionaire
0:38 - Spreadsheet/Returns
1:53 - Time
3:12 - Power of Compounding
5:56 - $35 a month/Inflation
6:52 - Control
7:42 - Investment Advisors
8:41 - Financial Freedom

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ABOUT ME

While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.

I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

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