Skip to content
All Lighthouse offices and branch locations will be closed on Monday, May 26th in observance of Memorial Day.

FINANCIAL PLANNING

Talk with an advisor

Get started today for less stress tomorrow.

Life & Health Insurance

The options you need to feel confident about the future.

Learn about personal insurance

Retirement Planning

Secure a healthy, comfortable future.

Learn about retirement planning

Investing

Personalized guidance from analysis to trading.

Learn about investing

Vehicle Insurance

Know that you’re always prepared when you hit the road.

Learn about vehicle insurance

Medicare

Smart and trusted solutions for your unique needs.

Learn about Medicare

Property Insurance

Full protection for your hard-earned assets.

Learn about property insurance

Financial Calculators

Banking is better for our members with fair rates, affordable loans, and promising financial futures. And money can do more when put back into projects for affordable housing and helping those that need a hand up.†

How can I save a million dollars?

This calculator tells you how much you need to save each month to accumulate a million dollars.

All fields are required.



Calculator Results

You would need to save $2,090.61 each month for 30 years to save a million dollars.

Calculator tips

In this calculation, your return on investment is adjusted by your income tax rate to yield an equivalent rate of 1.819 %. These taxes are calculated at the end of the savings term which most closely matches a 401K or IRA savings scenario. However, keep in mind that there may be additional limits on your contribution amount which are outside the scope of this calculator.

The million dollar withdrawal is available upon your final deposit.

Calculator disclaimer

The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results.

Presented by TimeValue Software ©2025

Investment

Retirement

† The calculators are being provided for educational purposes only. The results are estimates based on information you provide and may not reflect actual results. The results of the calculations are not a promise or guarantee of a customer’s eligibility or terms for a specific product or service. Information provided is not an offer to buy or sell, or a solicitation of an offer to buy or sell any security or instrument. Past performance is no guarantee of future results. ^