How To Save 7 Figures By The Time You Retire

Chelsea walks us through how investing in retirement works and how anyone can reach their retirement goals, including a numbers-based example of what investing in retirement could look like.

This video is sponsored by M1. Click here to get started with M1 today and begin building your wealth for tomorrow: https://m1finance.8bxp97.net/c/3270907/696710/10646

https://m1.com/legal/disclosures/

401K average rate of return: https://www.sofi.com/learn/content/401k-rate-of-return/

Investing video: https://www.youtube.com/watch?v=COYqK7-OPT0&t=104s

4% rule: https://www.investopedia.com/retirement/how-much-you-should-have-saved-age/

Average retirement age: https://www.cnbc.com/2022/01/03/here-is-the-age-when-many-americans-hope-to-retire.html

Salary increase calculator: https://www.easysurf.cc/samt8n3.htm?ansal=40000&ipcsal=3&time=37

401K calculator: https://www .bankrate.com/retirement/401-k-calculator/

401K contribution limits: https://www.cnbc.com/2022/02/05/heres-whats-new-with-401k-plans-this-year.html

Employer matching: https://www.fool.com/investing/2021/08/26/how-much-is-your-401k-match-really-worth/

IRA calculator: https://www.thrivent.com/insights/tools/roth-ira-calculator

Asset allocation by age: https://www.fool.com/retirement/strategies/asset-allocation-by-age/

Types of retirement plans: https://www.americanexpress.com/en-us/credit-cards/credit-intel/types-of-retirement-plans/?linknav=creditintel-glossary-article

Rolling over a 401K: https://money.usnews.com/money/retirement/401ks/articles/what-happens-to-your-401-k-when-you-leave-your-job

Join this channel to get access to perks:
https://www.youtube.com/channel/UCSPYNpQ2fHv9HJ-q6MIMaPw/join

The Financial Diet site:
http://www.thefinancialdiet.com

Facebook: https://www.facebook.com/thefinancialdiet
Twitter: https://twitter.com/TFDiet
Instagram: https://www.instagram.com/thefinancialdiet/?hl=en