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How To Turn Your $50K Salary Into a $1M Retirement Fund
If saving for retirement isn’t a priority for you, consider this: If you’re struggling to get by now on a small paycheck, how will you get by in retirement without savings and no paycheck? “It can certainly be challenging to build up a good-sized nest egg, but it will certainly be impossible if you never try,” said Belinda Rosenblum, a certified public accountant and president of Own Your Money. To ensure you follow through on your commitment to saving, let your family or friends know about your financial goals, said Polly Scott, communications and deferred compensation plan manager for the Wyoming Retirement System.
