Thanks Roderick, I agree there is way more to consider then just the end asset number. This article has a narrow focus on accumulating a specific asset number ($1 million) by a specific age (65). Future posts will definitely take more into account such as inflation and how much you might need to prepare to spend for in retirement.

I hear a lot of people ask “how to become a millionaire in retirement” so this post was intended to ask that very specific question showing what you’ll need to save given your age and assumed rate of return.

Economic policy wonk by day. Personal finance writer by night. I write about investing, debt, and all things related to money. Editor of Making of a Millionaire

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store