Answered

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Save $1500 a month• How many months to be a millionaire?• How many years to be a millionaire?

Sagot :

So to be a millionaire you need $1,000,000.

If you save $1500 a month to calculate the months that it will take you simply divide the million by the amount saved each month:

1,000,000 / 1500 = 666.67= 667 (rounded)

It will take 667 months

To calculate the years, since 1 year has 12 months, simply divide the 667 months by the number of months in a year (12)

667/12= 55.58 = 56 (rounded)

56 years.

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