Is It Really Possible to Retire a Millionaire on an Average Salary?
With living expenses increasing and older Americans enjoying longer lifespans, it's possible you may need at least $1 million to retire comfortably. But if you're earning an average salary, retiring a millionaire may not seem feasible.
Fortunately, it's possible to retire with at least $1 million even if you're not wealthy. By starting relatively early in life and saving consistently, it's easier than you may think.
The key to saving $1 million by retirement age is starting to save as early as possible. It takes decades to accumulate a significant amount of savings, and the sooner in life you get started, the easier it will be to reach this target.
Source Fool.com
