8 Things You Can Do to Become a Millionaire in Retirement

Invest the stock market

Investing obviously has a huge impact on future earnings and can be a major source of income in retirement. Finding the right investment mix is crucial to balance the right amount of risk with promise of high returns.

Fellowes recommends an investment portfolio weighted more in stocks than bonds. He notes that stocks have more risk, but by looking at the entire asset allocation and not just a single account, investors can use stocks to earn higher returns for retirement.

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