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See how long it would take you to make $1M

 
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arioch36



Joined: 21 Jan 2003
Posts: 3589

PostPosted: Mon Apr 05, 2004 4:53 am    Post subject: See how long it would take you to make $1M Reply with quote

Offer: See how long it would take you to make $1M


http://moneycentral.msn.com/Investor/calcs/n_savapp/main.asp
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Lanza-Armonia



Joined: 04 Jan 2004
Posts: 525
Location: London, UK. Soon to be in Hamburg, Germany

PostPosted: Mon Apr 05, 2004 12:33 pm    Post subject: Reply with quote

215 years, 6 months!

Screw that idea then! (Ticks of the list)

LA
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Wolf



Joined: 10 May 2003
Posts: 1245
Location: Middle Earth

PostPosted: Mon Apr 05, 2004 2:15 pm    Post subject: Reply with quote

Um ... which one is longest, "epoch," "era," or "eon?" I've forgotten, but I'll need to know in order to properly answer this question. Very Happy
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yaramaz



Joined: 05 Mar 2003
Posts: 2384
Location: Not where I was before

PostPosted: Mon Apr 05, 2004 2:35 pm    Post subject: Reply with quote

Um, 63 years at this rate, and i'm not even sure i can maintain this rate... it assumes I can put aside $6000 a year, which I have done for a few years but don't know if I can do it indefinitely.

I'll be a very wealthy 93 year old.... if $1000 000 is worth anything by then.
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arioch36



Joined: 21 Jan 2003
Posts: 3589

PostPosted: Mon Apr 05, 2004 4:37 pm    Post subject: Reply with quote

Quote:
I'll be a very wealthy 93 year old.... if $1000 000 is worth anything by then.


Well, you can ask Kurochan over on the Chinese forum, but I think that is how much she paid for her last perm in CHina
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Capergirl



Joined: 02 Feb 2003
Posts: 1232
Location: Nova Scotia, Canada

PostPosted: Mon Apr 05, 2004 5:51 pm    Post subject: Reply with quote

At the rate I am going now, it will take me 63 years and 5 months (and that is only if my daughter pays her own way through university, which I am trying to avoid). That would make me just under 96 years of age when I hit the million dollar mark. You're all officially invited to help me celebrate my 96th birthday on my brand new private yacht in the year 2067. Wink
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dmb



Joined: 12 Feb 2003
Posts: 8397

PostPosted: Mon Apr 05, 2004 6:40 pm    Post subject: Reply with quote

Shame on you CG. You want your daughter to pay for her own education.
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Gordon



Joined: 28 Jan 2003
Posts: 5309
Location: Japan

PostPosted: Sun Apr 25, 2004 6:14 am    Post subject: Reply with quote

29 years and 7 months. That's better than I thought and maybe a little optimistic about what the interest rate will be. I wouldn't mind retiring at 64. I think that assumes that my kids will be financially independent by 8.
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Capergirl



Joined: 02 Feb 2003
Posts: 1232
Location: Nova Scotia, Canada

PostPosted: Sun Apr 25, 2004 10:29 am    Post subject: Reply with quote

dmb wrote:
Shame on you CG. You want your daughter to pay for her own education.


Actually, no, I don't. I want her to focus on her studies, not on how she's going to pay off her student loan(s). Wink
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Wolf



Joined: 10 May 2003
Posts: 1245
Location: Middle Earth

PostPosted: Sun Apr 25, 2004 12:15 pm    Post subject: Reply with quote

I had NASA run a few numbers for me, and the amount of fuel contained within the Sun is insufficient for our solar system to last that long.
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Kurochan



Joined: 01 Mar 2003
Posts: 944
Location: China

PostPosted: Mon Apr 26, 2004 4:09 pm    Post subject: "I'm gonna be on television!" Reply with quote

arioch36 wrote:
Quote:
I'll be a very wealthy 93 year old.... if $1000 000 is worth anything by then.


Well, you can ask Kurochan over on the Chinese forum, but I think that is how much she paid for her last perm in CHina


At least my hair hasn't turned orange this time! Although, if I don't take care of it, I start looking like Ellen Burstyn in Requiem for a Dream!

(And according to my calculations, it'll take me 53 years. I'll be 87. But then again, according to a Chinese fortune teller, I'll die when I'm 79. So close, and yet so far!)
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willy



Joined: 29 Mar 2003
Posts: 215
Location: Samarinda,Kalimantan,Indonesia(left TW)

PostPosted: Mon Apr 26, 2004 5:28 pm    Post subject: Reply with quote

69 years and 9 months , o i will be 110 and my baby well thats her ?? i guss. aaa what the h*** better in the stock market or at least its working 5486 times better now
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foster



Joined: 07 Feb 2003
Posts: 485
Location: Honkers, SARS

PostPosted: Mon Apr 26, 2004 11:13 pm    Post subject: Reply with quote

26 years, provided I can keep up the high payments as well as get at least 9% return on my investments!
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Shaman



Joined: 06 Apr 2003
Posts: 446
Location: Hammertown

PostPosted: Mon Apr 26, 2004 11:24 pm    Post subject: Reply with quote

I'll return once I've procured a new job. Otherwise, the category may be more aptly titled, "How long until you spend your first $ million."

Shaman
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foster



Joined: 07 Feb 2003
Posts: 485
Location: Honkers, SARS

PostPosted: Tue Apr 27, 2004 12:12 am    Post subject: Reply with quote

SPENT my first million...may have done that a few times over by now...

I thought about figuring out HOW much I have made since I started working, but I worry that it would depress me too much.
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