Reported 15 days ago
Accumulating $1 million over 30 years is possible with consistent investment and the power of compound interest. By investing monthly amounts that vary based on target annual returns—$1,000 for 6%, $850 for 7%, and $700 for 8%—you can reach your financial goal. Experts suggest saving 15% of your income annually and adopting strategies like diversified investment portfolios and tax-advantaged accounts. Adhering to these methods can lead you to a secure retirement.
Source: YAHOO