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Can You Retire a Millionaire if You Don't Start Saving Until Your 40s?


Many people dream of amassing $1 million in savings by the time their careers wrap up. And if you begin saving and investing from a young age, that's an attainable goal.

But what if you don't start making IRA or 401(k) plan contributions until your 40s? It's a boat many people land in.

Often, people spend much of their 20s and 30s paying off college debt and saving for near-term goals, like buying a home. As such, retirement savings can easily fall by the wayside.

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Source Fool.com


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