How Compound Interest Can Help You Retire a Millionaire -- Even on a Modest Income

Hitting the million-dollar mark strictly by saving is virtually impossible for most people. Even if you're able to set aside ...
24/7 Wall St. on MSN

If Your 401(k) Hits $1 Million By 35, Do You Need to Keep Saving for Retirement?

Saving a lot of money at a young age can set you up for future financial success. In fact, if you have a lot of money ...

My husband and I just hit the $1 million mark in our retirement savings – how long will it take to hit $2 million?

A Reddit poster is celebrating a major milestone. She and her husband made it to the $1 million mark a few months ago. Once ...
The Motley Fool

Beyond Immediate Tax Savings: 4 Advantages of a 401(k)

Rather than struggle to pay compound interest, a 401(k) allows you to earn compound investment returns. Contributing to a 401(k) is a good way to bypass the temptation to spend money you would rather ...
The Motley Fool

Here's How Much Money You Can Make With $5,000 in a High-Yield Savings Account

High-yield savings accounts earn around 10 times the national average APY. Thanks to compound interest, your interest earns interest. Earn a great return without losing easy access to your cash. If ...