The calculations provided by this financial tool are solely based on the information input by you. This includes savings rate, expected rate of return, etc. These calculations do not reflect any particular terms for BancorpSouth savings and/or any other deposit accounts.

Save to be a Millionaire

Everybody wants to be a millionaire, but few have the savings discipline to get there. Your current savings, additional monthly savings and the rate of return you receive all go into saving to be a millionaire. But it may not stop there. If you want to have a million dollars worth of purchasing power, you have to factor in inflation into your savings plan. That means that depending on the amount of time it takes you to save a million dollars you might have to have saved even more in order to have a million worth of purchasing power.