Becoming a multimillionaire might sound like an impossible dream, but with a bit of consistency and some boring investments, it’s surprisingly achievable. Let me show you how.

Using a simple calculator, you can see the power of compounding and how even small monthly investments can grow into a fortune over time. For example, starting with just $100 per month and increasing that amount by $50 per year, you could hit $1 million in inflation-adjusted dollars after 33 years. Stick with it, and just 7 years later, you’ll reach $2 million.

Here’s the key takeaway: investing is a long game. Forty years might seem like a lot, but consider this – it’s just from age 25 to retirement at 65. And if you start earlier or begin investing for your kids when they’re young, the results can be even more impressive.

Consistency is everything. By investing regularly and letting compound interest work its magic, your money will grow exponentially. You don’t need risky investments or get-rich-quick schemes – just boring, consistent contributions and time.

If you want to explore this for yourself, plug some numbers into an investment calculator. You might be surprised at how much you can achieve with a bit of patience and discipline.

So, start now – your future self will thank you.

Feel free to make a copy of this calculator and play around with your own numbers: Time-to-millionaire calculator