   Here’s a great article about saving and investing… and validates something that most of us know intuitively: Your First Million is the Toughest.  The charts make an excellent point about how compounding works in your favor the more money you have.  So for someone saving $1000 per month, with an 11% return it would take 21 years to go from $0 dollars to a $1,000,000 dollars. But if you’ve already got $2 Million in the bank, it only takes 3.5 years to get to $3 Million with that same $1000 per month at 11%!   I’m certainly not at my first million… but working towards it. And as this article shows, spending a huge chunk of money to get married is like giving up a million dollars 40 years down the road.  Someone spending $35,000 on a wedding at age 25 could instead put that into an investment earning 9% for 40 years. At age 65 they would have over $1.1 Million dollars! Makes you think a little bit.Â
   Of course, if you just want to find out when you’ll be a millionaire based on your savings goals and assets, check out this calculator from Money.com
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