Have $100,000? Here Are 4 Ways to Grow That Money Into $1 Million for Retirement Savings

So you have $100,000 and you want to build it into $1 million by retirement. That's great! Even if you have less -- perhaps a lot less -- than $100,000, there are multiple strategies you might employ to build your wealth.Here's a look at several ways to grow $100,000 -- or perhaps just $0 -- into $1 million or more by retirement. (Note that for many people, $1 million won't be enough, and a higher target might be needed.)Image source: Getty Images.Continue reading

Feb 12, 2025 - 11:44
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Have $100,000? Here Are 4 Ways to Grow That Money Into $1 Million for Retirement Savings

So you have $100,000 and you want to build it into $1 million by retirement. That's great! Even if you have less -- perhaps a lot less -- than $100,000, there are multiple strategies you might employ to build your wealth.

Here's a look at several ways to grow $100,000 -- or perhaps just $0 -- into $1 million or more by retirement. (Note that for many people, $1 million won't be enough, and a higher target might be needed.)

Image source: Getty Images.

Continue reading