How to Become Rich Rochester NY

How long you are willing to give yourself to achieve that goal directly shapes how much money you must sock away each year to get there. If you have 30 years to stockpile your million—as many people aiming toward retirement do—then you have to come up with only $675 a month or $8,100 a year.

HTR Outreach
(585) 395-8410
150 Lucius Gordon Drive
West Henrietta, NY
 
Jefferson Community College SBDC
(315) 782-9262
37 East Main Street on Route 96
Victor, NY
 
Lehman College SBDC
(718) 960-8806
350 New Campus Drive. Morgan 3
Brockport, NY
 
Stream Team.com
(585) 338-2000
High Falls Business Center 250 Mill St
Rochester, NY
 
Total Business Service CTR Inc
(585) 385-7570
PO Box 20884
Rochester, NY
 
Wanakena-NYS Ranger School Satellite
(315) 386-7312
37 East Main Street on Route 96
Victor, NY
 
Victor Chamber of Commerce
(585) 395-8410
37 East Main Street on Route 96
Victor, NY
 
SUNY Brockport
(585) 395-8410
350 New Campus Drive. Morgan 3
Brockport, NY
 
Aedu Tech Systems Inc
(585) 244-2070
1100 University Ave
Rochester, NY
 
Birch Business Services
(585) 467-9393
995 Carter St
Rochester, NY
 

How to Become Rich

Becoming a millionaire may sound impossible. Millionaire may strike you as a term that’s meant for other people, not you. But that’s just not true.

How long you are willing to give yourself to achieve that goal directly shapes how much money you must sock away each year to get there. If you have 30 years to stockpile your million—as many people aiming toward retirement do—then you have to come up with only $675 a month or $8,100 a year. If you are getting matching dollars from an employer’s 401(k) or other similar retirement plan, you don’t even have to come up with all of that money yourself.

If you want to reach your goal in half the time, I can show you how that picture works as well. But whether there’s an employer match in the picture or not, you’re going to have to be more aggressive in your savings (and perhaps your earnings as well). Whatever timetable you’re looking at, if you put your mind to it, it can be done.

The Millionaire Math
Here’s what happens to your money when it’s put away to grow tax-free:

The 30-Year Millionaire
If, starting today, you can find $675 a month to invest tax-deferred at 8 percent, 30 years from today you will have your $1 million. Here’s where 401(k) plans are so useful. If you are in a 401(k) plan that matches your contribution, you may have to come up with much less money yourself.

Click here to read the rest of the article at SuccessMagazine.com