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How to Go From Broke to $1 Million in Only 20 Years


One million dollars is still a lot of money. As crazy as it may seem if you don't have anything saved at the moment, you may have a path to reaching a net worth that high within the next two decades. In fact, getting there could be more straightforward than you realize.

If you've got a decent 401(k) or similar employer-sponsored retirement plan at work, that plan may be the key for how you can go from broke to having $1 million in assets in only 20 years. That's because qualified employer-sponsored retirement plans like 401(k)s have many key features that make them great tools to use to build a decent nest egg for your future.

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Source Fool.com


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