Founding father Benjamin Franklin once said, "A penny saved is a penny earned." If you were able to save a million pennies, how much money would you have? A million pennies add up to $10,000. It would probably take you years to save that many pennies. While you're making your saving plan, read on fo
You can retire on $1 million, invest it or buy some extravagant items. Your age, expenses, needs and wants play a critical role in how long the money will last over your remaining lifetime.
There has never been a million dollar bill printed. The $100,000 gold certificate was the largest bill ever printed, but it was not circulated to the public.
In the form of $100 U.S. bills, $1 million weighs just over 22 pounds. When smaller denominations of currency are used, $1 million weighs more because more bills are needed.
There has never been a $1 million bill printed by the U.S. government. The largest bill printed in U.S. history is a $100,000 bill, and it was only printed in two years, 1934 and 1935.
According to InvestmentNews, a U.S. 1943 Lincoln head copper penny in flawless condition is worth $1.7 million. Only 40 of these coins are known to be in existence.
It is possible to deposit one million dollars in a bank. However, depositing one million dollars in one bank account creates a balance that is above Federal Deposit Insurance Corporation limits. If the deposit is in cash, additional paperwork will be required by the bank to accept the deposit.
For most people, two million dollars in savings is more than enough to guarantee a comfortable retirement. The majority of people are able to retire after having saved eight times their ending salaries, according to Fidelity.
It would take 20 million nickels to make $1 million. A United States nickel is worth five cents, so $1 is the equivalent of 20 nickels.
Former Major League pitcher Nolan Ryan was the first professional athlete to earn $1 million a year. On Nov. 19, 1979, Ryan signed a four-year contract with the Houston Astros that paid him $1 million for each year.