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Maksim Chmerkovskiy's wedding day is going to cost an absolute fortune

For Cailyn Cox, writing isn't just a hobby, it's her life. Passionate about Hollywood, she makes it her mission to find the most entertaining celebrity gossip for SheKnows readers. And when she's not enthralled in the celeb world, she's ...

Maksim Chmerkovskiy, Peta Murgatroyd have big plans for their future, and not just their lavish wedding

Only a month after their engagement — which took place on stage at the SWAY: A Dance Trilogy event in Miami — Dancing With the Stars pros Maksim Chmerkovskiy and Peta Murgatroyd are already planning for the future.

More: 5 Things to know about Maksim Chmerkovskiy & Peta Murgatroyd's relationship

And their future includes a "massive" wedding. In fact, the couple plans to splurge and will be dropping an insane amount of cash.

"I want it to be a million-dollar wedding! She wants a princess thing with the horse and carriage, and I want to give that to her," Chmerkovskiy recently told In Touch Weekly.

"I love doing this type of thing," Murgatroyd revealed. "It's going to be massive, probably 500 people, somewhere in New York. Our families will fly over for it."

More: Maksim Chmerkovskiy's proposal to Peta Murgatroyd was beyond cute (VIDEO)

But can we expect to see any famous faces at their nuptials? What about other Dancing With the Star pros?

"Sharna Burgess will definitely be in the bridal party, and I would love to have [my 2012 DWTS partner and season winner] Donald Driver and his family there, and Gilles Marini and Tommy Chong," Murgatroyd gushed.

It already sounds like an affair not to be missed, plus Murgatroyd will undoubtedly look gorgeous.

"I just want it to be a really classic wedding dress that would never go out of style," Murgatroyd told the publication of what she intends to wear. "I love Vera Wang and Monique Lhuillier."

More: Maksim Chmerkovskiy's tribute to his fiancée has fans teary-eyed (PHOTO)

But it's not just a massive (and super expensive) wedding that the couple foresees in their future, as Chmerkovskiy revealed he "can't wait" to start a family.

"I would definitely love kids — two or more," Murgatroyd gushed. "Maks will be such a warm and loving father. I can't think of anybody better to have children with. He's not the grizzly bear that everybody thinks he is!"

Are you glad that Peta Murgatroyd and Maksim Chmerkovskiy are getting hitched? What do you think of their extravagant wedding plans? Is it too much? Let us know your thoughts in the comments below.

Maksim Chmerkovskiy, Peta Murgatroyd have big plans for their future, and not just their lavish wedding

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