1 Answers
Is it possible? Yes. Is it likely? No.
The main criteria of amassing $1,000,000 in your retirement savings consist of having an extremely well paid job $100,000 for more than 35 years, with an employer that is willing to match your contributions, and with ROI of over 4%, which many consider unrealistic.
It has been done, but it is certainly not commonplace.
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Is it possible? Yes. Is it likely? No.
The main criteria of amassing $1,000,000 in your retirement savings consist of having an extremely well paid job $100,000 for more than 35 years, with an employer that is willing to match your contributions, and with ROI of over 4%, which many consider unrealistic.
It has been done, but it is certainly not commonplace.
Is it possible? Yes. Is it likely? No.
The main criteria of amassing $1,000,000 in your retirement savings consist of having an extremely well paid job $100,000 for more than 35 years, with an employer that is willing to match your contributions, and with ROI of over 4%, which many consider unrealistic.
It has been done, but it is certainly not commonplace.