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Secret 401(k) Strategies That No One Talks About! (2022 Edition)

Money Guy Show

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How Much Do You Need to Save Per Month to Be a Millionaire?

For a 20 something or 20 year old, it's 95 dollars a month. By a time they retire 65, is could be worth a million dollars. Do not take your army of dollars off the field while they're still in ther most impactful period to get that compounding growth. Even for forty year olds, youre gon t put in seven 80 a month, or 234 thousand dollars, over that 25 year period. Still 766 thousand, or 77 % of your million dollars is wi come from yourArmy of dollars compounding over the years.

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