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Here's How Much You'd Need to Put in Your 401(k) to Save $1 Million in 30 Years
Spoiler alert: The number isn't nearly as big as you might think.
Do you dream of becoming a millionaire but fear your average job with its average paycheck just can't get you there? Don't be too quick to jump to such a conclusion.
Plenty of people have surprised even themselves when their retirement account eclipsed the seven-figure mark. And in such cases, time has often ended up doing most of the work.
With that as the backdrop, here's a look at what it would take to amass $1 million in your workplace 401(k) over the course of 30 years.
