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Could You Be a Millionaire?

Could You Be a Millionaire?
  • #: 169305
  • Price: $0.99 In Apple Store
  • Category: Finance
  • Updated: 2010-05-19
  • Current Version: 1.1
  • 1.1
  • Size: 0.00 MB
  • Language: English
  • Seller: Triple Iron Ventures
  • Requirements: Compatible with iPhone, iPod touch, and iPad. Requires iOS 3.1.2 or later
  • © Copyright Triple Iron Ventures 2010
  •  Add to Favorite apps

 

Description

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!

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The information may be outdated (2011-04-21 08:56:07). For actual information go to iTunes

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