7 Financial Moves to Help You Retire as a Millionaire

Save more and save regularly

Not saving enough is the worst financial problem for Americans. Increasing your rate of savings is the single most important thing you can do to boost the size of your retirement nest egg. While the optimal savings rate can differ according to an individual’s income, retirement date, expected returns, and retirement aspirations, most Americans need to save between 10 and 20 percent of their income for a financially comfortable retirement.