Who wants to be a millionaire?! Probably all of us! A record number of people have $1 million saved in their 401(k)s. If you want to join the millionaire’s club, it won’t happen overnight. However, there are things we can all do to increase our savings and reach that goal. Financial professional Mike Kojonen stopped by KARE to share four tips to boost your balance.
- Collect the Company Match
- Automate Contributions
- Avoid Penalties
- Resist the Urge to Splurge
Click here for a 401(k) calculator