4 Ways to Grow $100,000 Into $1 Million for Retirement Savings
Investing for retirement can seem like a daunting task. Many of us want to see our investment portfolios eventually cross that $1 million mark. While it's truly just an arbitrary marker ($999,999 is only $1 less than $1 million), it can be fulfilling to see two commas next to an account with your name on it. But how does one get over the $1 million hurdle? It is actually much easier than it sounds.
Here are four easy ways to help grow your nest egg from $100,000 to $1 million.
The first and most important thing when trying to build your investment portfolio is to start early. Ideally, this means you start saving and investing immediately when you start earning a steady income, which for most people is sometime in their early 20s. Let's go through some examples to illustrate this importance.
Source Fool.com
