Save a million in a year
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Last updated 5mo
Aiming for the $3 million mark by retirement might sound overly ambitious. While Americans believe they only need about $1.46 million to retire comfortably, the truth is, $3 million is totally doable with the right strategy.
Save $2,000 a month = every 10 months is $20,000 thats 5 years to save $100,000, 10 years for 200,000 and 15 years for $300,000 and 30 years for $600,000. If this is invested in the nyse you’ll have a million plus invested in the stock market making $100,000 a year in dividends.
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