How to Become Rich Clovis CA

How long you are willing to give yourself to achieve that goal directly shapes how much money you must sock away each year to get there. If you have 30 years to stockpile your million—as many people aiming toward retirement do—then you have to come up with only $675 a month or $8,100 a year.

CVBI-SBDC
(559) 292-9033
1630 E. Shaw Avenue, Suite 163
Fresno, CA
 
Pegasus Risk Management
(559) 225-9417
801 W San Gabriel Ave
Clovis, CA
 
Dhillon Brar Consulting
(559) 298-2272
334 Shaw Ave Ste 115
Clovis, CA
 
Generitech Corp
(559) 346-0233
4967 E Lansing Way
Fresno, CA
 
T L Rush Business Services
(559) 252-0858
637 S Chestnut Ave
Fresno, CA
 
UC Merced SBDC Regional Network
(559) 241-6590
550 East Shaw Avenue, Suite 100
Fresno, CA
 
Abear Consulting
(559) 325-7926
1004 San Jose Ave
Clovis, CA
 
Padgett The Small Biz Pro's
(559) 324-8196
635 Barstow Ave Ste 6
Clovis, CA
 
Workforce Investment Board-Business Services
(559) 230-4062
3302 N. Blackstone Ave. Ste 215
Fresno, CA
 
American Business Consultants Ltd
(559) 225-2545
790 W Shaw Ave
Fresno, CA
 

How to Become Rich

Becoming a millionaire may sound impossible. Millionaire may strike you as a term that’s meant for other people, not you. But that’s just not true.

How long you are willing to give yourself to achieve that goal directly shapes how much money you must sock away each year to get there. If you have 30 years to stockpile your million—as many people aiming toward retirement do—then you have to come up with only $675 a month or $8,100 a year. If you are getting matching dollars from an employer’s 401(k) or other similar retirement plan, you don’t even have to come up with all of that money yourself.

If you want to reach your goal in half the time, I can show you how that picture works as well. But whether there’s an employer match in the picture or not, you’re going to have to be more aggressive in your savings (and perhaps your earnings as well). Whatever timetable you’re looking at, if you put your mind to it, it can be done.

The Millionaire Math
Here’s what happens to your money when it’s put away to grow tax-free:

The 30-Year Millionaire
If, starting today, you can find $675 a month to invest tax-deferred at 8 percent, 30 years from today you will have your $1 million. Here’s where 401(k) plans are so useful. If you are in a 401(k) plan that matches your contribution, you may have to come up with much less money yourself.

Click here to read the rest of the article at SuccessMagazine.com