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Who Wants to Be A Millionaire?

The key to becoming a millionaire by age 65 is to start saving early!!!

AgeAmt set aside per yearYears to saveAmount at 65
15$2,000 7$1,020,430
15$2,00050$2,327,934
25$2,25940$1,000,000
35$6,07930$1,000,000
45$17,45920$1,000,000
55$62,74510$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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