Want to Retire As a Millionaire? Follow This Formula
There are no guarantees in life (except death and taxes, of course). But the more you plan, and follow your plan, the greater your likelihood of success in anything. If you want to retire with at least $1 million in your bank account, you'll have to start much earlier than age 65. Wherever you are in life right now, you can begin your retirement plan, if you haven't already. Follow this formula for investing success and a comfortable retirement.
You may not think you have enough to start an investment portfolio, but you can get started with any amount of money. The longer you put money in, the more time it has to compound, giving you the greatest possible results. You can invest in low-priced stocks or fractional stocks, and there are some excellent stocks trading at less than $100 that could provide incredible gains over time.
There will always be reasons to tell yourself that now is not the time, but the best time is now.
Source Fool.com
