How To Turn Your $50K Salary Into a $1M Retirement Fund

GoBankingRates.com
By Cameron Huddleston
Published: May 23, 2022

“No one gets rich by saving in the bank,” said Byrke Sestok, a certified financial planner and president of Rightirement Wealth Partners in White Plains, New York. “If you have 30 years before retirement and 30 years during retirement, then you have the time to participate heavily or totally in the stock market, and ignore the big drops and focus on the fact that stocks have historically proved to be a better-performing asset class over bonds and cash.”

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