If you already have $100,000 saved for retirement, you're well on your way to reaching $1 million in savings.

Turning that $100,000 into $1 million may seem like a daunting task. But the truth is that the first $100,000 is the hardest. Compounding will start to snowball quickly once you hit six figures in retirement savings. Your job is to ensure the ball keeps rolling and add to it if you can.

Here are four ways to grow $100,000 into $1 million for retirement.

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Source Fool.com