"The Wealth Estimator is an easy to use calculator that proves the central premise of the Millionaire Kit—that an investment wealth program will produce substantial wealth." - Stephen L. Nelson

view instructions

     
  Step 1: Describe a wealth accumulation program:  
  Current Savings:    
  Monthly Savings:    
  Annual Interest Rate: %      
  Years You'll Save:      
           
 

Adjust estimated wealth for inflation:

%    
     
  Step 2: Estimate the accumulated wealth:  
     
  Estimated Wealth:      
     
 

  Note: The Wealth Estimator is described in Chapter 2 of the Millionaire Kit.

Copyright (c) 1998 by Stephen L. Nelson, Inc.

  

INSTRUCTIONS

1. Enter any savings you've accumulated in Current Savings.

2. Enter your regular monthly investment in Monthly Savings.

3. Enter the annual interest rate you expect from your investment in Annual Interest Rate. For example, if you think you'll earn 10.5 percent (which is roughly the long-term return that common stocks have delivered), enter 10.5.

4. Enter the number of years you'll likely save in Years You'll Save.

5. To consider the effects of inflation when calculating your results, mark the Adjust For Inflation checkbox and enter the anticipated inflation rate. For example, the historical average of inflation since World War I is approximately 3.1%.

6. Click the Estimate button to see the results of your savings plan in the Estimated Wealth box.

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