BGD Attorney Steven Wilson Explains How to Retire as a Millionaire
Bingham Greenebaum Doll LLP attorney Steven R. Wilson lists the steps one can take to retire as a millionaire in a recent article for Louisville Business First.
In 2012, Fidelity Investments conducted an analysis of 1,100 participants who retired with more than a million dollars in their 401(k), making an annual income of less than $150,000. How did this group do it? Wilson details what the Fidelity study found and lists the five steps to retiring as a millionaire.
5 Steps to Help You Retire as a Millionaire
• Save early
• Make contributions of at least 10 percent to 15 percent of your salary
• Meet the employer match
• Don’t forget the stocks
• Never, ever cash out when changing jobs
Read the full article entitled “Take These Steps So You Can Retire as a Millionaire” on the Louisville Business First website.
To learn more about Steven R. Wilson and his practice, please visit his profile.