Investing for retirement is crucial, especially if you want to achieve millionaire status before leaving the workforce. In fact, there are two critical factors that determine if you can save a seven-figure nest egg: How much you invest, and what you put your money into.
If you want to end up with a nest egg of at least $1 million, you’ll need to put aside a reasonable amount of money each month and make smart investments. You may be able to do this by picking individual stocks and holding them for the long term — if you’re willing to put in the time to research companies and develop an investment strategy.
