I’m sure many of us dream about how to make money (win, get, accumulate) million dollars to put that million into the bank and live happily ever after on the interest. After all, no longer have to work for the money to unloved work. I confess, I too want this. And this dream I was first introduced, after reading the book by Robert Kiyosaki “Cash Flow Quadrant.” On the question of “how to accumulate the necessary amount of” Robert Kiyosaki gave, in my view, an exhaustive answer – “Earn money and invest part of the amount earned.” Everything. Nothing more is necessary.

It does not matter how much you earn. The important thing – to invest part of their earnings. Constantly. With any amount earned. Another question is how long it would take.

Now let’s count his dream. That is the amount that you want to create in order to achieve any goal. Aim at everyone. This may be the accumulation of money for studies on car, an apartment, etc. Or in my case, the creation of capital to continue to receive from him of interest (passive income). I hope, with material things is clear, ie the required amount you can tell in advance. After all, you know how much the car of your dreams? But to determine the amount of capital, from which you will receive a passive income, have to take a calculator. First of all, count how many you need money on a monthly basis to maintain a desired standard of living. Or you can take the size of your current salary (if you are, of course, happy). Next, multiply this total by 12. Get the amount you wish to receive an annual basis. And now Imagine that you have already created and placed his capital in low-risk financial instruments (such as deposit in a bank or a state. bonds). These tools bring about 5-7% per annum. So, you get each year passive income of 5-7% of your capital. That is the amount of passive income and you calculated earlier. Now, to find the amount of capital under certain annual amount received and the percentage per annum, producing a simple mathematical Action: Capital = annual passive income / 5-7% To consolidate the material, let us count together with an example: Suppose, Alex wants to get to 20 000 rubles per month. This is his dream. Hence, the annual passive income of 20 000 * 12 = 240 000 USD. Then, what does he need to create the capital to realize his dream? We believe: Capital = 240 000 / 5-7% = 4.8 million rubles. As you can see, everything is pretty simple. It is only necessary to calculate. Personally I have a question immediately arises – how to create the desired capital and how long it takes? In this regard, I have helped Investment calculators. With them you can address three questions: 1. What I will create a capital, if I once in a month (per day, per week, per year) to invest under a certain amount of so much per cent per annum for so many years? 2. How much money should I invest on a monthly basis (daily, yearly) for so much per cent per annum for so many years to create such a capital? 3. How old do I need to create such a capital, if I am once a month (per day, per week, per year) to invest a certain sum for so much per annum? I hope these calculators will help and you. I wish you realize your dream ..