Here’s How Long it Takes to Reach Different $100k Net Worth Milestones

2 min read

In a recent post, I explained that saving the first $100k is the hardest because it takes the longest. Fortunately, once you have the first $100k under your belt, each subsequent $100k takes less and less time to save, assuming constant yearly savings and investment returns.

For example, if you save $10k per year and your savings grow at a 7% annual interest rate, here’s how long it will take to save $500k:


Notice how each $100k takes less time to save than the previous.

I received a lot of positive feedback about this chart, but something many people requested was an interactive chart that lets you change the yearly savings and interest rates, so you can plug in your own numbers.

That’s why I made the spreadsheet below. It lets you change the yearly savings and annual interest rate to see how different inputs affect how long it takes to save each $100k, all the way up to $2 million.

Click on the numbers in the boxes below to change the inputs. The chart will automatically update for you.

The blue line represents net worth. The purple line along the bottom shows how many years it takes to save each additional $100k.

For example, if you save $15,000 each year at a 4% interest rate, it takes 6 years to save the first $100k, then 4.9 years to save the next $100k, etc.

You can download the spreadsheet and see all the formulas used for the chart by clicking the ‘download’ button on the bottom right.

This is my first time embedding an Excel spreadsheet in WordPress, so if the chart doesn’t show up in your browser or you have trouble downloading it, feel free to let me know!

Enjoy 🙂


Zach is the author behind Four Pillar Freedom, a blog that teaches you how to build wealth and gain freedom in life.

Zach's favorite free financial tool he's been using since 2015 to manage his net worth is Personal Capital. Each month he uses their free Investment Checkup tool and Retirement Planner to track his investments and ensure that he's on the fast track to financial freedom.

His favorite investment platform is M1 Finance, a site that allows him to build a custom portfolio of stocks for free, has no trading or maintenance fees, and even allows him to set up automated target-allocated investments.

His favorite way to save money each month on his recurring bills is by using Trim, a free financial app that negotiates lower cable, internet, and phone bills with any provider on your behalf.

His favorite micro-investing app is Acorns, a free financial app that takes just 5 minutes to set up and allows you to invest your spare change in a diversified portfolio.

His favorite place to find new personal finance articles to read is Collecting Wisdom, a site that collects the best personal finance articles floating around the web on a daily basis.


Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my Terms & Conditions page for a full disclaimer.

9 Replies to “Here’s How Long it Takes to Reach Different $100k Net Worth Milestones”

  1. Very nice, in my experience your salary compounds even faster than your investments if you have a great career so that the compression of milestones is even faster than what you’ve shown, assuming you don’t let your lifestyle inflate.

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