Want to Retire at 62 With $1 Million? Here's How Much to Save Each Month
Retirement is becoming more expensive than ever, and there's a chance you'll need at least $1 million to enjoy your senior years comfortably.
While that's a daunting goal, it's more achievable than it may seem. You don't need to be a stock market expert to reach $1 million in savings by age 62, but you will need the right strategy. Here's exactly what you'll need to save each month to accomplish this goal.
Most workers have access to a 401(k) or IRA, which is a great place to start. But it's important to make sure you're investing aggressively enough for your age.
Source Fool.com
