We start investing for different reasons: we accumulate a reserve, we save for a more fulfilling retirement or brighter future of our children. Have you ever calculated when you will accumulate your first million euros?
First million. When?
Our average investor, who has invested in at least one loan this year, manages a portfolio of 4.718 Eur. In June 2022, the average bee deposited an additional 317.55 Eur to the Finbee account. Over the long term, maintaining identical deposits and earning 12% per year this bee will become a millionaire in 28 years.
And what if the average bee works hard, has more and more honey and increases its investment by 10% every year? The first million will come in already in the 23rd year of investment.
Do you want to know when you will accumulate your 1st million?
For your convenience, we have prepared a calculator where you can enter the numbers of your investments and you will know when you have accumulated a seven-figure sum. Maybe the number surprised you? :)