Here's How Much You'll Need to Save to Retire a Millionaire By Age 50
Retirement is becoming more and more expensive, and heading into your senior years with at least $1 million in the bank isn't an unrealistic goal. In fact, the average American expects retirement to cost a whopping $1.9 million, according to a survey from Charles Schwab.
That said, actually saving $1 million is easier said than done, especially if you want to retire by age 50. It's not impossible, though, as long as you start early and save consistently.
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Source Fool.com