Name:
Name: ______________________________________
Worksheet #2
Interest rate needed to have $1,000,000 by the age of 67: ___________________________ (from worksheet #1)
Mutual Fund Info. Research mutual funds and fill in the chart with 3 of the mutual funds you found. Use the Compound Interest Calculator to find the years it will take to reach $1 million.
|Name of fund |Average 10 year |Years to $1 million |
| |annual return |(using compound interest |
| | |calculator) |
| | | |
| | | |
| | | |
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