The Million Pesos Calculator

Posted by under Personal Finance . Updated: May 14, 2020

How long will it take for you to become a millionaire? Let’s have a bit of fun today by trying this financial calculator.

You will start by entering your Current Savings.

Then look into your monthly budget and determine how much you can save in a month, enter this amount as your Monthly Deposits.

In the Rate of Return field, enter a number corresponding to the interest rate that your savings bank is giving you.

Alternatively, you can enter the growth rate of a specific financial instrument that you plan to invest in.

Lastly, enter your Current Age and press Calculate to compute how long it will take for you to become a millionaire.

Try it now and we’ll talk about some results later.

So, how long will it take for you to become a millionaire? More importantly, what can we learn from this tool?


Assume that you are a 21-year old college graduate with no savings but is about to start on a job that pays P15,000 a month.

If you diligently pay yourself 10%, meaning you save P1,500 each month, and continually invest that money on an instrument that gives 5% monthly rate of return; then you’ll be a millionaire by age 47.

Now that seems to be a long time to wait. But simply increase your monthly deposits by P500 and you’ll become a millionaire four years earlier at the age of 43.

This financial calculator uses the principle of compound interest to calculate how your money will grow.

Although the presented results are not realistic because it doesn’t take into account other factors such as inflation; it nevertheless gives us a strong vision of what’s possible for us.

By estimating our financial status and using this simple tool, we can have an idea how far (or how near) we are to becoming a millionaire.


I hope that you enjoyed my post. If you’d like to share The Million Pesos Calculator to others by putting in on your site, then simply copy the code below and paste it exactly as it appears. I’d like to remind you that this calculator will have a link to this website. Thanks.

<script src="" type="text/javascript"></script><span style="font-size:85%;"><a href="">Click here to put this Calculator on your site.</a></span>

As suggested by my friend, Rico, you can likewise use the code below to align your calculator to the right of your page. (Thanks for the suggestion!)

<div style="float:right;margin:0 0 8px 8px"><script src="" type="text/javascript"></script><span style="font-size:85%;"><a href="">Click here to put this Calculator on your site.</a></span></div>

Alternatively, you can replace “float:right” with “float:left” in the code above if you want to align the calculator towards the left side.

Enter your email address for your free subscription to Ready To Be Rich:


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53 Responses to “The Million Pesos Calculator”

  1. Ambo says:

    I love this calculator, very friendly hahaha. Thanks for sharing Fitz!

  2. Glenn says:

    galing ng calculator mo fitz !

  3. Fitz says:

    Thanks Ambo and Glenn. Sumakit ang ulo ko sa pag-gawa niyan. Hahaha. But I think it’s worth it. πŸ˜€

  4. Wow! Astig! Antagal ko pa magiging millionaire! haha πŸ˜€

  5. whoa whoa whoa! this one’s really cool! hahahaha πŸ˜€ nagustuhan ko ah.. haha! astig! πŸ™‚ at 26 millionaire na daw ako. nyak :d sana totoo πŸ™‚ hehe

  6. wow!!!! gling ng tool mo kuya, astig!!!!!

  7. […] to the Netherlands and receive a start-up capital from a pool of P1,000,000 – yup, that’s one million pesos. Plus, you get a chance to compete in the Global BiD Challenge and win Euro […]

  8. bloggista says:

    Nice calculator bro. Hehe. Sana may psychic powers din kasama yan.

  9. Fitz says:

    Thanks po sa comments. πŸ˜€

    Hayaan mo, next calculator ko mala-Peter Answers ang gagawin. πŸ˜€

  10. […] Posted Jun 3, 2008 Click here to put this Calculator on your site. […]

  11. Dexter says:

    Sabi ng calculator matagal pa raw akong yayaman he heh e πŸ™‚

  12. Fitz says:

    Hindi ako naniniwala. Hehehe. Ikaw pa. πŸ˜›

  13. Great tool that makes use of technology! πŸ™‚

  14. leo says:

    Great.. At least, I know I still got the chance to be a millionaire..
    Un nga lng, at the age of 63… hehe

  15. Fitz says:


    That’s still good news. How many 63 year old Filipino millionaires do you personally know? Not a lot right? Furthermore, what this means is that if you focus on increasing your monthly inputs and investing in financial instruments with higher rates of return, then you can reach that one million peso mark way before you retire. Good luck! πŸ™‚

  16. leo says:


    thanks for dropping by in to my blog and for the comment.
    i wish also to add your “multi million calculator” to my blog but the texts are hidden or can’t be seen. I think I have to change the color of the text. Please help me how?


  17. Fitz says:

    Hi Leo, the problem seems to be the background color of the calculator. I changed it to blue so that it will be readable for either black or white texts. Thanks for the notice. πŸ˜€

  18. leo says:


    Ok na… galing mo.. thanks, bro..

  19. norman says:

    brod fitz!

    nice site you have here, i somehow stumbled on your site. Bro sana next time you could feature/compare investment products of banks.

    So us readers could have a good idea where to put our money.

    Thanks bro!

    norman 97D

  20. Fitz says:

    Sige brod, I will research on that. Thanks for coming by and taking the time to comment. Kwentuhan na lang tayo pag may meet-up ang mga brods. Ngayon alam niyo na kung saan ako pwede tawagin. Hehe. πŸ˜€

  21. SoNn says:

    Good job Fitz! Do you mind if I post your calculator on my site? πŸ˜€

  22. Fitz says:

    Hi SoNn, of course I don’t mind. Go ahead and share it. Thanks!

  23. […] be one of the lucky entrepreneurs who’ll receive start-up capital from their prize pool of P1,000,000. The winners also get a chance to compete in the Global BiD Challenge and win Euro 20,000. Please […]

  24. […] Some of the most successful retail businesses actually began this way. A friend of mine who is now an importer of Christmas decors started his business by joining trade fairs and expositions. After a few years of dedication and passion for his craft, he has been able to build his own company and is now a millionaire. […]

  25. […] basically the same. Know where you currently are by calculating your net worth. If your goal is to become a millionaire, then gap analysis can help you see how far you are from becoming one. Hopefully, after seeing the […]

  26. […] Click here to put this Calculator on your site. […]

  27. thanks for sharing sir fitz! i’ll be a millionaire at the age of 25.. hehehe.. by that time pwede na pala ko umuwi. yey!! thank you thank you!! πŸ˜€

  28. […] was tinkering with my one million peso calculator last night when a thought suddenly came to me – if someone gave me a million pesos today, how […]

  29. […] By working backwards I’m able to figure that I need to save, starting at age 23, $2,500 a month producing 9% interest to hit $1 million before the age of 40. (Do you want to calculate yours? Try the One Million Calculator here) […]

  30. i so love this calculator…tumugma siya sa financial goal ko to be a millionaire at age 30! thanks for this kuya, sobrang this is a good big push for me to continue on with my financial plan.

  31. Fitz says:

    Hi Saggi, you’re welcome. Thanks also for posting the calculator on your site. πŸ˜€

  32. hoshi says:

    wow, i actually see this calculator in but this is cool for me.

    thanks, i wanna put this in my site.

    mabuhay! starting today I’m your avid reader na.

  33. […] The Million Pesos Calculator of Mr. Fitz Villafuerte […]

  34. Tom says:

    I really want to comment here but I need to improve my tagalog πŸ˜‰

    I am just an irish guy!

    Nakaka intende ako ang conteng tagalog…pero …. isang lesson lol, i have only had one lesson! so i need to learn more πŸ˜‰

    What does “galing” mean? Does it mean “nice” or “great” or something?


    Yes, very nice tool and very nice blog! Hope you got the email I sent you Fitz!

    Sige Paalam!

  35. piaps says:

    Hi Fitz, the calculator is exactly what Ive been searching for quite sometime now, it’s really great! galing2! Thank you very much for sharing! God Bless!

  36. Joan says:

    I love the The Million Pesos Calculator, now I have to increase my savings and decrease my expenses, thanks for sharing…

  37. ang galing naman nito sir fitz. mas madaling mavisualize tuloy kung kelan talaga aabot na magiging millionaire ako. matagal tagal pa pala. pero dahil dito sa calcu, puede kami mag adjust para mas mabilis namin marating ang target. Thanks again sir fitz! πŸ™‚

  38. lee says:

    It’s good that I stumble into this site. I hope you won’t mind that I will post this calculator in my blog Thanks.

  39. KCOM says:

    not everybody appears to notice but i think whatever savings someone has, it still calculates the same number of years to achieve the million basing from the monthly savings only, but yep its a good way to motivate someone, thanks for this Fritz. Im currently reading back issues of this blog.

  40. […] Do you want something as cool? Then check out The Million Pesos Calculator […]

  41. Lai says:

    This is so cool! thank you sir fritz for this!!

  42. Susan Zayco says:

    I want to attend your seminar on Aug but I’m based in Negros. Do you have any future seminars here in Visayas? It would help a lot of Filipinos here in this side of our country πŸ™‚

  43. emily says:

    kaya natin kong may goal ka talaga ..thanks for the info!

  44. lovely says:

    Sir Fitz, where can I continually invest my money that gives 5% monthly rate of return? I want to start investing while I’m young. πŸ™‚ I’ve also read your posts about mutual fund and uitf already.

  45. Leonardo P Naz says:

    sir Fitz thanks sa article mo at sa calculator na ito malapit na akong maging millionaire. ha ha ha

  46. Great calculator! I like it πŸ˜€

  47. Vinz says:

    Paano po kung 30M?..

  48. […] you’ve been reading this blog since 2008, then you probably know that I have uploaded an online calculator before that answers the question […]

  49. Anna says:

    Hi Fitz, can you please do a reverse calculator? Like if I want to have a profit of P200thou – P250thou, how much should I invest monthly ? πŸ™‚

  50. Fitz says:

    That’s a great suggestion. I will do that soon.

  51. Rey says:

    Hi Fitz, effective ba talaga itong calculator mo? kase kung talagang effective base sa compute ko less than 3 years ma-reach ko yung million na sinasabi mo…Yun nga lang kung consistent ang income or continues pa ang contract ko sa work…

  52. […] A friend, who is now an exporter of Christmas decors started his business by joining trade fairs and expositions. It took him a few years, but he was eventually able to build his own company and become a millionaire. […]

  53. […] was tinkering with my one million peso calculator last night when a thought suddenly came to me – if someone gave me a million pesos today, how […]

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