A million-dollar nest egg can provide the financial security you deserve in retirement. But, for most people, it will take discipline and hard work to ensure your account balance is seven figures by the time you're ready to leave the workforce. The good news is, there's a proven path to achieve this goal -- if you're willing to make the effort. Calculate the number of years to retirementIf you want to save a million dollars before you retire, you need to determine what your timeline is. Figure out how much to save each monthAfter you know your timeline, you can determine exactly how much you must invest every month in order to have $1 million by your deadline.

Source: Daily Sun September 04, 2021 10:52 UTC