How Many Years of Maxing Out a 401(k) Does It Take to Become a Millionaire?
Retirement accounts are accounts designed to not only help you save for retirement, but invest for it as well. Of course, you could technically invest for retirement using a standard brokerage account, but retirement accounts come with special IRS tax treatments that make them ideal for the long term.
The most popular of these retirement accounts is the 401(k). When used properly, a 401(k) will be one of the best resources to accomplish your retirement goals. Here's how many years of maxing out your 401(k) it'll take to become a millionaire.
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Source Fool.com
