Your calculator proved what I calculated on my own, turns out I was right on the money with my risk tolerance :)

It would have been interesting if inflation was more explicitly included.

Getting to 1M while sitting in cash, gets you to that magical number, but you can't really do anything more than you could do with the money when you earned it. One million now and one million in 37 years is also a gigantic difference.

Breaking down wealth creation into the three simple levers of contributions, rate of return, and time is brilliant! Highlighting salary sacrifice for pension contributions is such an underrated strategy—investing gross income before tax completely removes the friction that slows down most retail investors. It beautifully proves that becoming a millionaire is just simple mathematics and consistency over complex hype.

By the way, I noticed your current thumbnail might be blending into the feed for mobile users. I’ve already designed a fresh, high-contrast preview image for this video to help boost its organic CTR. Where should I send this image to you?

Please do a session on Relief at Source pension schemes...  (NEST etc) or employer set ups are costing people thousands and a stealth tax to the HMRC!

Love the videos! Please could you explain likely tax on drawing the pension and if we are a couple is it better to spread the pension between us now, to maximise any tax free allowances?

Can you do a video on what to do if you have a million pounds?

I'm in Scotland on 42% income tax, seems totally pointless putting into a SS ISA, I'm just firing as much into my pension as I can.

The elephant in the room is that and the end of these investment periods is that a million won't be worth what it is when you start. This doesn't detract from the main point, but a yield of around 4% essentially means treading water.

I think most of us can reach financial independence without £1M if we look at average returns, way less than £1M would get us there.

£1M in a pension is different to £1M in an ISA. Sure it is good to avoid tax on the way in, but you cannot really compare timelines to reach £1M when in one case you'll pay tax when drawing down and the other you won't.

There is absolutely a risk of losing all your money if you invest in stocks. Highly unlikely if you buy a broad index fund. Very possible if you invest in individual companies. Risk is not the same as volatility and there is genuine risk investing in stocks. The risk with a broad index fund is that it returns less than inflation (i.e. you would have been better with bonds) and that has happened over certain periods of time.

Thanks for the video, it is not totally true that your capital in a bank has no risk and cannot go down in value. The government prints it out of thin air and inflation makes it worthless every day. The number in the bank account might be the same, but the buying power has gone down and to make it worse, if you leave your cash in an account that does not pay any interest

Who wants to be millionaire when they are almost dead after working their entire life for it? Putting away more than half of your income for most people each month for your entire working life to be a millionaire when you’re in your 60s is a ludicrous aim. The solution is earn more, stop

Great video!

I only started investing properly in my early thirties, now I'm 33 and have £60k across my pension and ISA.

The aim is £1m liquid capital by the time I am 50.

Current pension contributions are nearly £700 per month and ISA contributions are £1,100 per month.

On this basis and with the chances of increased earnings likely, perhaps my million by 50 goal is conservative?

And I you out £100k in for 6 years you will be a millionaire after 10 years yadda yadda

Virtually everyone understands that large amounts away invested will make you wealthy after a while but getting that money is the issue lol

Too many videos are on compounding and dressed up under the guise of another title 😬😬