How to Reach $1 Million

Monthly investing to reach $1 million by age 65. I'll be honest, for those of you later on in life, the numbers are not great, but if you're young or have kids, this should be really exciting because if you start early, it takes way less than you think to become a millionaire. Before I show you the numbers, comment your age and how much you're investing each month. I'm super curious to see how much my audience is actually investing. Starting at age 60, you would need to invest $14,333 a month to reach $1 million by age 65. Total contributions, $859,980 at age 50, $3,155 a month, total $567,900. At age 40, the starts to become more attainable, you would need to invest $1,052 a month, total $315,600 at age 30. This becomes much more reasonable just $340 a month. Total contributions, $142,800. At age 20 is where the map gets wild. If you haven't already, hit that follow button. If you start investing at age 20, your total contributions to reach $1 million by age 65 would be just $51,300 or $95 a month.