3 Ways to Grow $100,000 Into $1 Million for Retirement Savings
Would you like to retire with a nest egg of $1 million? Most people would. But doing so on an average income these days seems so out of reach that many people don't even bother trying.
What if, however, you only had to save up $100,000? While it's still a challenge for most households, that smaller goal certainly feels much more achievable. Plenty of people might even pinch pennies to make it happen.
The thing is, if you can get to the $100,000 early enough in life, you can get to $1 million in time for retirement. The time frame you have will dictate the path you take to grow that $100,000 into a seven-figure stash.
Source Fool.com
