Can You Retire a Millionaire on a $60,000 Salary?
Not everyone feels the need to retire a millionaire. But let's face it -- it's a good goal to have. And while it may seem like the sort of goal you can only achieve if you earn a high salary, the reality is that even average earners can close out their careers with $1 million or more to their name.
If your goal is to retire a millionaire, you'll need to do a few key things:
So let's break down each point. First, getting started early really just means setting funds aside for retirement as soon as you begin to earn a steady paycheck. That may happen age of 20, 25, or 30. But if you wait too long to start saving for retirement, you'll lose out on years of investment growth.
Source Fool.com
