Article 5N889 How Much Should You Save in Your Twenties to Be a Millionaire When You Retire?

How Much Should You Save in Your Twenties to Be a Millionaire When You Retire?

by
Mike Winters
from Lifehacker on (#5N889)
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Due to compound interest over time, a dollar saved in your early twenties is worth $10 at retirement. Therefore, with consistent saving early in adulthood, it's more than possible to become a millionaire when you retire, even if you make an average salary. Here's a look at how to make it happen.

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