How to save $2 million for retirement if you make $50,000 a year, broken down by age
November 01, 2019 at 11:10 AM EDT
If you are making $50,000 a year, planning to save $2 million for retirement can seem like an impossible goal. Luckily, with time and dedication, you can get there — regardless of your age. Most financial experts recommend saving 10% to 15% of your income for retirement, but those percentages will not get you to $2 million if you put off saving for too long.