How to Retire With $1 Million on a $40,000 Salary

With retirement getting more costly, you may need more than you think in savings to enjoy your senior years comfortably. There's also a chance that Social Security benefits could be reduced in the coming years, so it's even more important to have a robust retirement fund.

Saving $1 million or more may seem difficult or even impossible, especially if you're earning an average salary. But if you're strategic about how you invest, becoming a retirement millionaire may be within reach. Here's how to achieve it.

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Source Fool.com