Saving a fortune isn’t realistic. However, it is realistic to have $1 million in a retirement account by the age of 65, if you invest a portion of your paycheck in stocks and let the power of compounding interest work some magic.
Given that the median household income is $59,039 — according to the U.S. Census Bureau — it would take about 17 years to amass $1 million if a person earning that much saved every cent of every paycheck.
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