"From Measly Investments to Million-Dollar Nest Eggs: Catch-Up Tactics for Early and Late Retirees"
TL;DR Summary
A new report suggests that starting to save for retirement at age 25 by investing $100 per week can result in a nest egg of $1.1 million by age 65. However, if you've started later, there are still ways to catch up. Tips include eliminating debt, maximizing contributions, considering annuities, working longer, and downsizing. It's important to estimate how much you'll need in retirement and consult a financial adviser for guidance.
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