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 $5,000 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. |
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