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Is Your 401(k) on Track for a Millionaire Retirement?

Is Your 401(k) on Track for a Millionaire Retirement?

Are you on pace to hit your retirement goals with your 401(k)? A million-dollar retirement fund sounds great to everyone, but it might be more important than you think. Every million dollars saved should produce about $30,000 to $40,000 of annual retirement income, according to the 4% Rule and its latest revisions.