So you want to become a millionaire in 10 years. How much do you need to invest every month in order to achieve this goal? The answer is of course that it depends. However, we can run some calculations based on the past performance of the stock market to see how much you would have needed to invest over the past 10 years in order to be a millionaire today. The results will surely shock you because it's actually VERY attainable for a lot of people, possibly including yourself. This is not a perfect example because past results do not mean future results will be the same, but we can use this as a general guideline for developing our plan.
By the way, If you want to reach 1 million dollars then you need to know how to properly invest first:
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11 сен 2024