7 Moves to Ensure You're a Retirement Multi-Millionaire
For many people, achieving millionairehood before retiring will not be enough. Yes, a million dollars is a lot of money, but if you plan to withdraw, say, 4% of it in your first year of retirement (adjusting future withdrawals for inflation), it will generate $40,000. That, along with Social Security income, may be enough to support you in the style you want -- but if it's not, you may need to shoot for becoming a multimillionaire by retirement.
Do some reading up on the matter to determine how much you'll need to retire with, and no matter how much your target sum is, these seven moves can help you get there.
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Source Fool.com
