Sun Apr 14 2024, by Tyler Gardner
How I Built a Million-Dollar IRA on a $60,000 Salary
Yep. Looks like you'll be retiring with just over a million dollars in your IRA.
Yep. It says here you only made $60,000 a year throughout your life.
Yeah, I didn't make that much, but I loved what I did. So, how did you invest enough to reach a million dollars at retirement?
I protected as much of what I made as I could. Since I was 30, I've been putting 10% of whatever I made directly into my 401(k). I learned to live on less as early as possible.
I got all my clothes from Target. Nobody can tell.
You took advantage of our accounts?
That and I follow Social Cat. They make complex finance seem easy.
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