Want $1 Million in Retirement? Invest $250,000 in These 3 Stocks and Wait a Decade.
When saving for retirement, small investors often buy stocks in the hope of reaching and surpassing the coveted $1 million milestone. While investors have likely reached a time when retiring with only $1 million is not enough, it is a sum that can at least help fund a retiree's activities after their working years end.With a decade left, a prospective retiree might need $250,000 to reach that point within 10 years. While there's no guarantee how specific names will perform, investing in these three stocks gives investors a chance to grow their nest eggs to $1 million and beyond.Many investors are unfamiliar with Singapore-based Sea Limited (NYSE: SE). The conglomerate has become the No. 1 e-commerce company in the Southeast Asian countries in which it operates through its online shopping segment Shopee, and its fintech segment SeaMoney has achieved similar leadership status in the same region.Continue reading
When saving for retirement, small investors often buy stocks in the hope of reaching and surpassing the coveted $1 million milestone. While investors have likely reached a time when retiring with only $1 million is not enough, it is a sum that can at least help fund a retiree's activities after their working years end.
With a decade left, a prospective retiree might need $250,000 to reach that point within 10 years. While there's no guarantee how specific names will perform, investing in these three stocks gives investors a chance to grow their nest eggs to $1 million and beyond.
Many investors are unfamiliar with Singapore-based Sea Limited (NYSE: SE). The conglomerate has become the No. 1 e-commerce company in the Southeast Asian countries in which it operates through its online shopping segment Shopee, and its fintech segment SeaMoney has achieved similar leadership status in the same region.
