Contact Details
Level 1,45 Winton Rd
Joondalup WA 6027
Postal
PO Box 762
Joondalup DC WA 6919
P: 08 9301 4677
F: 08 9301 4566

  • Property Accountants
    Property Accountants

    What is Negative Gearing? How do I maximise my property deduction?... Read more
  • Construction and Trade Accountants
    Construction and Trade Accountants

    Industry Specialists... Construction, Electricians, Plumbers, Trucking and Earthmoving... Read more
  • Super Accountants
    Super Accountants

    Your super can buy your office, warehouse or an investment property.... Read more
  • Business Mentoring
    Business Mentoring

    Are you working "in" your business, or "on" your business?... Read more
  • Business Structuring
    Business Structuring

    Company, Trust or Partnership? Get your business structure right first time.... Read more

"Winton House"
Level 1 (Unit 4), 45 Winton Road
Joondalup WA 6027 | Map

Phone: (08) 9301 4677
Email: office@barkersmith.com.au

Millionaire Calculator

Millionaire Calculator

When will you become a millionaire?


This calculator shows you how long it will take you to reach a savings goal.
How much is the initial deposit
  

If you take the capital of
and invest at rate of return of (%)4
This will provide monthly income before tax of
or, an annual income before tax of


1 3% is a (fairly) high rate of return.

2 Inflation, is currently less than 4%.
Note: Inflation is currently low, choose whatever rate you wish, but we think 3% is fair as an average

You may change the rate of inflation and the rate of return to what ever rates you think will apply over the number of years you select.
We suggest rates between 3% and 5%.

3 Similarly the $1m is our default wealth goal. You can change this to whatever final figure you want.

4 You may change the rate of return to any value you like

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