How long the plan takes.
A worked example
Starting figures
- Target
- $250,000
- Starting
- $25,000
- Monthly
- $800
- Return
- 7%
What it returns
- Time to target
- 12 yr 6 mo
- Contributed
- $120,000
How to read the results
With the defaults above, time to target works out at 12 yr 6 mo.