3 Ways to Grow $100,000 Into $1 Million for Retirement Savings

3 Ways to Grow $100,000 Into $1 Million for Retirement Savings

People are often misled to believe that it's possible to retire comfortably on Social Security alone. Plus, Social Security might have to cut benefits if lawmakers can't find a way to resolve the program's looming solvency issues. In fact, even if you only manage to pump a total of $100,000 into your retirement plan throughout your career, you can still grow that sum into $1 million or more -- if you follow these three tips.