New Ebook on Building a Million Dollar Retirement Portfolio!

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The "Index Your Way to Retirement: How to Build a Million Dollar Retirement Portfolio" ebook is now available for sale on Amazon!  This book is literally a crash course in how to build a million dollar nest egg for retirement.  Those with Kindle Unlimited can read for free.  Please check it out and let me know what you think.  Also please leave a review on Amazon.



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The Million Dollar 401k – Who Wants to Be a Millionaire?

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Every few months the financial press releases an article on the increasing number of 401k millionaires.“Number of 401k Millionaires reaches all time high”“41% increase in number of million dollar 401k accounts”.  The standard advice is offered on achieving this milestone-401k millionaires stay at the same job for years, are high earners, save enough to get a company match-in fact up to 15% of their earnings, and start saving at an early age.Easy right? Of course the ~150,000 401k millionaires at Fidelity represent less than 1% of their total number of retirement accounts.If it’s so easy why is the average American’s retirement savings only $95k?
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The Power of Compounding Interest and Time on Investment Returns

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Compounding Interest is interest (return) that builds on prior period interest.  Say you invest $1000 in an asset that compounds 10% annually.  This is how your investment grows overtime:
Rate of Return: 10% Annually Initial Investment: $1000
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Index Fund Investing Research

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Conducting Research

To research Fidelity’s S&P 500 Index Fund (Ticker: FUSEX), or another provider's, look it up on your brokerage's website (see notes on navigating to Fidelity's investment products below).



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