03.05.2025 18:11:00

Here's How Much You'd Need to Put in Your 401(k) to Save $1 Million in 30 Years

What's your ultimate investing goal? For many people, a million-dollar retirement nest egg is still a symbol of financial freedom.And such a figure isn't out of reach for those earning average incomes. The key isn't a few brilliant trades or pouring all of your discretionary income into your retirement fund. Saving $1 million for retirement is achievable with modest but consistent contributions over the course of your career.To that end, here's how much you'd need to put into an employer-sponsored 401(k) plan every month to end up with $1 million after 30 years.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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