4 Ways to Grow $100,000 Into $1 Million for Retirement Savings
One of the most valuable lessons when it comes to investing is that it's often much easier to turn a small nest egg into a large one than it is to get that small nest egg started in the first place. Indeed, the path from $100,000 to $1 million may very well be much more straightforward than getting from a starting point of a negative net worth to that first $100,000.
That's at least in part because compounding can really start working for you once you have a solid foundation in place. At $100,000, the balance is enough to where compounding can really make a difference. At the same time, that balance is still small enough to be an achievable aspiration for most people who make a concerted effort to get there. As an inspiration to get to that first $100,000, here are four ways to grow $100,000 into $1 million for your retirement savings.
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Source Fool.com
