Lexus Group Consultancy in Tokyo, Japan How to Retire as a Millionaire

Lexus Group Consultancy in Tokyo, Japan on How to Retire as a Millionaire Ready to become a million-dollar retiree? Who would not want to become one? From a recent survey conducted by Time Magazine, 1 of every 3 Americans has saved practically nothing for their retirement. And a surprising 23% of Americans -- almost a fourth -- have saved less than $10,000. In short, a total of 56% of all Americans have saved below $10,000 for their retirement. That should be cause for great concern. Moreover, 42% of millennials (people aged 18 to 35), unfortunately, have not started saving for retirement. It seems that this generation is bound to commit the same mistakes that their parents and grandparents, in general, committed. But there is hope! Building a million-dollar retirement fund is not too difficult to accomplish. With enough discipline and by following these three simple steps, anyone can be assured of a secure future. The benefit of following these effective guidelines, aside from obtaining a million-dollar retirement fund, is that you can reach your goal earlier by seven years. Yes, that is an additional solid seven years of retiring earlier than expected to allow you to fulfill your dream of buying that vacation home, travelling around the world or just enjoying your life in the peace and comfort of your home. If you believe that plan is for you, begin the journey this very day. If you still have doubts as to the reliability of this claim or if you think that you will need a CEO’s salary or, perhaps, have to risk your very life to achieve that big a nest egg, you are gravely mistaken. In reality, all you need is a salary of about $60,000 yearly in order to create a million-dollar retirement. How? Follow the steps below: STEP 1 – Commit a part of your yearly income into savings. That easy! Do not follow the crowd headed for the precipice of unsecured retirement – that crowd that is about half of whom are millennials. Planning to save a reasonable part of your salary is the initial step to attaining your niche in the millionaires’ club. Every giant undertaking starts with a small step. Trust the experiences of so many before you; unless you commit to this plan, you are most likely to lose the opportunity of gaining a million-dollar retirement fund in the future. With your yearly $60,000 income, setting aside $5,500 or about 9% of your gross income for your retirement gets you through the initial and crucial step. Congratulate yourself for doing this! Doing so, you would have saved $458 monthly. The best strategy is to set up an automatic draft payment which allows you to transfer your funds from a checking account toward an investment account. That will help you sustain your objective of achieving a million-dollar retirement fund.