Skip to content

Plan Today. Protect Tomorrow. Attend an Educational Estate-Planning Seminar.

Start Investing with as little as $10, right from Crews Bank & Trust Online or Mobile Banking. 
Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal. Fees may apply.

Get Started 863-222-7005

Chart of the Day: How Much to Save

Bar graph showing how much, by age, one would have to save per month in order to be a millionaire at age 65.

Contents

Today’s Chart of the Day from @PeterMallouk is a good one to share with the friends and family who are still working and saving. It shows the annual savings needed to become a millionaire by age 65.

What is the lesson we can take from this? Start early—at just 20 years old, it could take only $115 saved per month but wait until 40, and it jumps to having to save $850 per month!