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  1. $1 in 2021 is equivalent in purchasing power to about $1.16 today, an increase of $0.16 over 3 years. The dollar had an average inflation rate of 5.04% per year between 2021 and today, producing a cumulative price increase of 15.91%.

  2. Enter an initial investment. If you have money to invest right now, include that amount here. If you don’t have an initial amount to invest, you can enter $0. Enter your regular contributions. If...

  3. Dec 16, 2021 · With just a couple of weeks left to go in 2021, there are some deadline-driven financial moves you might want to make before the end of the year. 1. Donate to your favorite cause. There is no ...

    • Pay off BAD debt ($25K) If you have high-interest rate debt like credit card debt, you need to pay it off pronto. This is personal finance 101 (although not likely not the first thing you think you would do with a million dollars.)
    • Make a Plan and Chill ($0) I don’t know how you came upon your $1M but if you are stoked about joining the millionaire club, inexperienced with money, or dreaming about all the things you can buy – STOP!
    • Fill up your tax-free accounts & Employer matches ($40K) So this is likely the least sexy step of the whole event. It’s no real estate investment or fancy deal.
    • Invest in Learning ($10K) You hopefully have an income right now. I say hopefully because like we discussed, you’ll have to keep working. Know what you don’t have to do though?
  4. Looking for a U.S. Inflation Calculator that shows results down to the year and month?

  5. Nov 24, 2021 · If you have a 401(k), you may be able to put $19,500 before any company match or $26,000 if you are 50 or older. Make sure you are maxing out your 401(k) if you are financially able to do so.

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  7. Jun 18, 2010 · What should you do if you win $50 million? Everyone wants to win Lotto Max's multi-million dollar prize. Here's how not to blow it if you have the winning number.

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