1 Retirement Savings Hack That Has Created Many Millionaires, and Will Continue to Make More

Most people don't retire with enough money, but this powerful concept is the best solution to that widespread problem.

Apr 15, 2025 - 11:15
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1 Retirement Savings Hack That Has Created Many Millionaires, and Will Continue to Make More

Almost anyone can retire a millionaire. Unfortunately, unless you're born into immense wealth, build a successful company, or win the lottery, you'll probably need planning, good decisions, and time to accomplish that goal.

The good news? A retirement savings hack has created many millionaires and is unlikely to stop anytime soon.

I'm talking about using compounding -- in other words, making your money work for you. It sounds almost too simple, yet the statistics show that more people might need to hear this. The typical U.S. household has just $200,000 saved for retirement at age 65; that's well short of a million bucks.

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