Have $0 in Savings at 35? Here's How You Can Still End Up With a $1 Million Portfolio by Retirement.
If you don't have any money saved up for retirement, it can seem like a daunting task to plan for it. With each passing year, that's less time you have to save, and that may potentially mean having to delay your retirement plans. While ideally, you would start investing in your 20s, you can still do so later in life without adversely affecting your goals. Saving earlier in life may sound great, but the income you're generating may not be as significant as when you're older, which is why investing in your 30s may not necessarily put you far behind.Even if you've reached the age of 35 and haven't put anything aside in savings and are starting at $0, you can still start investing and be on track to end up with $1 million by the time you retire. Here's how that can be possible.Continue reading
If you don't have any money saved up for retirement, it can seem like a daunting task to plan for it. With each passing year, that's less time you have to save, and that may potentially mean having to delay your retirement plans.
While ideally, you would start investing in your 20s, you can still do so later in life without adversely affecting your goals. Saving earlier in life may sound great, but the income you're generating may not be as significant as when you're older, which is why investing in your 30s may not necessarily put you far behind.
Even if you've reached the age of 35 and haven't put anything aside in savings and are starting at $0, you can still start investing and be on track to end up with $1 million by the time you retire. Here's how that can be possible.
