There’s no denying $1 million just isn’t what it used to be. Sure, there was a time when that amount of money set a household apart from most others. Today, however, plenty of the country’s 6 million cash millionaires — people with investable assets of $1 million or more, not counting illiquid assets like real estate — still feel like they’re struggling when it comes to retirement savings.
Nevertheless, saving up a seven-figure stash certainly provides you with options and breathing room that can make funding your retirement a much less stressful affair. And most people can reach that goal, even on a modest income.
With that as the backdrop, here’s a rundown of three…
