3 Steps to Retiring a Millionaire Even if You Have No Savings

Katie Brockman, The Motley Fool
·4 min read
3 Steps to Retiring a Millionaire Even if You Have No Savings
3 Steps to Retiring a Millionaire Even if You Have No Savings

Reaching the million-dollar mark by retirement age is a challenge, but it's not impossible. There are approximately 233,000 people with at least $1 million in their 401(k) accounts, according to research from Fidelity Investments. Although saving a substantial amount of money for retirement is easier if you start earlier in life, you can still retire a millionaire even if you're off to a late start.