Here's How You Can Turn $50,000 Into $1 Million by Retirement

If you have a nest egg of $50,000 saved towards retirement, but with quite a way out to actual retirement, and you're also thinking of investing it in the stock market, you can potentially make some serious gains in the long run. And while the markets might seem shaky right now, you don't have to worry about taking on significant risk in order to grow your portfolio to $1 million or more.Below, I'll outline the path to increasing your savings over the long term and possibly get your portfolio to $1 million by the time you retire. Many investors might be nervously watching the market's recent decline, worried about whether investing in growth stocks is still a good idea. Continue reading

Apr 9, 2025 - 23:13

Here's How You Can Turn $50,000 Into $1 Million by Retirement

If you have a nest egg of $50,000 saved towards retirement, but with quite a way out to actual retirement, and you're also thinking of investing it in the stock market, you can potentially make some serious gains in the long run. And while the markets might seem shaky right now, you don't have to worry about taking on significant risk in order to grow your portfolio to $1 million or more.

Below, I'll outline the path to increasing your savings over the long term and possibly get your portfolio to $1 million by the time you retire.

Many investors might be nervously watching the market's recent decline, worried about whether investing in growth stocks is still a good idea.