$100K to $1M: How Fast Can It Actually Happen?

How fast can $100,000 turn into $1,000,000 in Australia? In this video I break down the real maths, using compound interest, the Rule of 72, and actual 2026 return data, to show you exactly how long it takes across savings accounts, ASX index funds, and global ETFs. Timestamps: 0:00 You've got $100K. Now what? 1:02 How compound interest and the Rule of 72 work 2:28 Savings account 3:51 ASX 200 index funds 5:00 Going global with IVV 5:41 What $1 million actually gives you in passive income 6:22 The real cost of delaying even 1 year 7:39 How to set this up step by step Legal Disclaimer: This video is for general educational and entertainment purposes only and does not constitute personal financial advice. All figures, scenarios, and projections are based on historical averages and publicly available data as of April 2026. Past performance is not a reliable indicator of future results. Investment returns are not guaranteed and you may lose some or all of your capital. You should consider your own financial situation and consult a licensed Australian financial adviser before making any investment decisions. Aussie Finance With Luke is not a licensed financial adviser, planner, or tax agent. 💬 Creator’s Note: Each video on this channel takes a lot of time to write, narrate, and animate with care. Yes, I use AI tools to help with voiceovers and visuals, but every message, script, and idea is crafted with intention and love, so you can understand money clearly and feel empowered to change your life. Thank you for being part of this project. 💛 #australiafinance #aussiefinance #australianfinance