Here’s How Much To Save From Every Paycheck To Retire With $1 Million (At Every Income Level)

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Setting aside that same $415 each month would then be 9.96% of earnings.

Setting aside about 6.64% of earnings can result in $1 million by age 65.

Saving 3.32% of that income can lead to $1 million by age 65.

Setting aside 2.49% of the income can grow into $1 million in savings by age 65.

Dont forget about employer matches; theyre free money that can boost your retirement savings even higher.

you’ve got the option to plug your own numbers into Investor.govsCompound Interest Calculator.

As raises and bonuses come in, increase retirement contributions.

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