Wednesday, June 5, 2024

Retiree saved $2 million using 401k, low cost of living

Title: Retiree saved $2 million using 401k, low cost of living

Article Snip: "For many people at or near retirement age, the outlook is dire. One in five older Americans have no retirement savings...Mark — whose last name is known to Business Insider but withheld for privacy purposes — retired three years ago at age 62. Throughout his nearly 40-year-long career in geology, he was able to sock away over $2 million for his retirement, even after putting multiple kids through college.

"You just leave it alone, and you look up 40 years later, and it's a really nice number," he said....
"

Reference: www.businessinsider.com






No comments:

Post a Comment