Reported 4 months ago
Mark, a retiree at 65, amassed over $2 million in retirement savings by maximizing his 401(k) contributions and benefiting from steady employment, low living expenses, and delaying parenthood. He advises saving early, leveraging Roth accounts, and maintaining consistent contributions. Mark believes in the importance of 401(k) savings, despite the shift away from pension plans, and suggests taking advantage of existing benefits like index funds and Roth accounts for retirement planning.
Source: YAHOO