Retire a Millionaire: 9 Steps to Begin Building Your Nest Egg

Start to save your nest eggs for your retirement in 20s, you will be a millionaire when you retire.

In your 20s, retirement seems like a distant dream. But, if you don’t start saving while you’re young, that’s exactly what it will remain forever: a dream. Just 39 percent of Americans start saving for retirement in their 20s. If you want to retire a millionaire, you had better be one of them.

Here’s how to do it:

Spend Wisely and Save Aggressively

If you start saving $100 per month for retirement by age 25, you’ll have more than twice as much money squirreled away than if you’d started ten years later.