INVSTR026 You CAN save a million dollars! (639 words)

This article explains how one million dollars can be saved. Although it starts off with a retirement focus, it can be changed to encourage your younger clients to get started on a savings plan earlier in life with the prospect of saving $1 million. Written in the adviser's voice.

One of the most common questions I’m asked as a financial adviser is “will I have enough to retire?” It truly is the $64,000 question and if $64,000 was the answer, we’d all be on easy street!

With so many variables involved, there is no set answer, but these days with many of us expecting to live longer, at least one million dollars is the minimum required to fund a comfortable retirement.

Below I have outlined some key tips that I would talk to you about if you were sitting in front of me: