The key to becoming a millionaire by age 65 is to start saving early!!!
| Age | Amt set aside per year | Years to save | Amount at 65 |
| 15 |
$2,000 |
7 |
$1,020,430 |
| 15 |
$2,000 |
50 |
$2,327,934 |
| 25 |
$2,259 |
40 |
$1,000,000 |
| 35 |
$6,079 |
30 |
$1,000,000 |
| 45 |
$17,459 |
20 |
$1,000,000 |
| 55 | $62,745 | 10 | $1,000,000 |
| Clark's Steps for Saving | | 1.Put money into your company's 401(k) to the maximum your employer matches. | | 2. Put $4,000 each year into a Roth IRA. | | 3. Raise your 401(k) deposit to the maximum amount allowed. | | 4. Save for a rainy day. | | 5. Save for your child's college in a 529 plan. | |