You're Only 3 Steps Away from Becoming a Retirement Millionaire
Most Americans who've attempted to set retirement savings goals think they'll need $1 million or more to be financially secure as a senior. They're right to believe that, as $1 million produces only around $40,000 in income or less at a safe withdrawal rate. But knowing that you need a seven-figure nest egg is very different from understanding how to amass so much money.
The good news is, it doesn't have to be hard as you might think to become a retirement millionaire, and you can do it even if you have an average salary. Here are three steps to get it done.
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Source Fool.com
