how much money you need to save to get 5 million dollars by the age of 67 years

If you start at 21

Earning a 5% annual rate of return: $2,324 per month

• Annual salary needed if you save 10% of your income: $278,899
• Annual salary needed if you save 15% of your income: $185,942

Earning a 7% annual rate of return: $1,226 per month

• Annual salary needed if you save 10% of your income: $147,089
• Annual salary needed if you save 15% of your income: $98,064

Earning a 9% annual rate of return: $616 per month

• Annual salary needed if you save 10% of your income: $73,964
• Annual salary needed if you save 15% of your income: $49,312

If you start at 25

Earning a 5% annual rate of return: $2,922 per month

• Annual salary needed if you save 10% of your income: $350,601
• Annual salary needed if you save 15% of your income: $233,745

Earning a 7% annual rate of return: $1,643 per month

• Annual salary needed if you save 10% of your income: $197,128
• Annual salary needed if you save 15% of your income: $131,425

Earning a 9% annual rate of return: $889 per month

• Annual salary needed if you save 10% of your income: $106,629
• Annual salary needed if you save 15% of your income: $71,090

If you start at 30

Earning a 5% annual rate of return: $3,905 per month

• Annual salary needed if you save 10% of your income: $468,566
• Annual salary needed if you save 15% of your income: $312,393

Earning a 7% annual rate of return: $2,385 per month

• Annual salary needed if you save 10% of your income: $286,185
• Annual salary needed if you save 15% of your income: $190,800

Earning a 9% annual rate of return: $1,410 per month

• Annual salary needed if you save 10% of your income: $169,215
• Annual salary needed if you save 15% of your income: $112,816