Posts Tagged ‘millionaire’

YES. If you do not have one, get one. Saving for retirement is important and even though the market may seem bad now, in the long run, it is always a good bet.

On a personal note, I just met with my adviser from the Principal and he said I was an “Ideal” participant. I started young (around 19 or 20) and am putting away 10% of my income. My employer also contributes 7.5% which is amazing for a nonprofit. If I just keep going how I am, by the time I’m 67, I will have $ 1.7 million dollars tucked away. Not bad. If I up my contribution to 15%, it will be over $3 million! Yeah baby!

So my point is, start a 401 (K) and contribute to it. Shoot for 10% but anything is good. Over time, you might become a millionaire.