How Many Years of Maxing Out a 401(k) Does It Take to Become a Millionaire?
Your 401(k) can be an incredible tool when it comes to building a nest egg for your retirement. Indeed, if you leverage it well throughout your career, it can potentially be enough to make you a millionaire by the time you retire.
This raises a key question: How many years will you have to max out your contributions to your 401(k) to become a millionaire? Well, that will depend on how many years of work you have ahead of you, how quickly you want to reach that millionaire status, and what rate of return you earn along the way.
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Source Fool.com
