You Now Need $1.25 Million To Retire — Here’s How You Get There

A recent study found that the average American now believes they will need at least $1.25 million to retire comfortably.

Many people were upset with this report.

Twitter was filled with complaints and memes about how reaching the $1 million milestone is impossible, and how regular people will now be forced to work until they die.

In today’s article, I want to look at why this isn’t the case. And, how you can easily meet or exceed the $1 million benchmark by retirement age.

1. Take Accountability For Your Own Life

Imagine for a moment that I am a massive video game addict. I sit in a chair, gaming for 18 hours per day — and this obsession has become detrimental to my health and social life.

I’m also aware that non-stop gaming is bad for me. But my solution is to complain about the video game industry. And, once every four years, I vote for the politician who promises to outlaw video games. This would be a ridiculous solution, and most people would (rightfully) point out that I was taking zero accountability for my own actions.

Yet this is how 99.9% of news junkies behave when it comes to events in their own lives.