How to Become Rich Fresno 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.

UC Merced SBDC Regional Network
(559) 241-6590
550 East Shaw Avenue, Suite 100
Fresno, CA
 
Rose Molina Business Services Inc
(559) 485-4575
1055 N Van Ness Ave
Fresno, CA
 
Sierra Business Services Corp
(559) 264-2880
855 E Divisadero St
Fresno, CA
 
American Business Consultants Ltd
(559) 225-2545
790 W Shaw Ave
Fresno, CA
 
Body Wise Consultant Rich Robert
(559) 438-7545
255 W Fallbrook Ave
Fresno, CA
 
CVBI-SBDC
(559) 292-9033
1630 E. Shaw Avenue, Suite 163
Fresno, CA
 
Workforce Investment Board-Business Services
(559) 230-4062
3302 N. Blackstone Ave. Ste 215
Fresno, CA
 
T L Rush Business Services
(559) 252-0858
637 S Chestnut Ave
Fresno, CA
 
Complete Business Service
(559) 230-1257
857 E Shields Ave
Fresno, CA
 
Better Business Bureau
(559) 222-8111
4201 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.

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