I Used to Think I'd Be Happy With $1 Million in Retirement Savings. Here's Why I've Doubled My Number

When I started saving for retirement in my 20s, I used to roll my eyes every time I looked at my pay stub and saw a deduction for my 401(k) contributions. At the time, it was hard to appreciate my efforts, knowing how far away retirement was.Now, a couple of decades later, I'm extremely grateful that I pushed myself to start contributing to a retirement account at a fairly young age. There was a point when I thought a $1 million nest egg would be more than enough to carry me through my senior years, but I've since realized that $1 million probably won't cut it for me.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool