Hello, I’ve been working since my senior year in high school and have finally hit the $1 million mark at the age of 55. I probably could have doubled that amount had I chosen to invest wisely. Instead, I banked about 70% of my savings in CDs and other low interest-bearing safe havens. So, now I’ve currently got about $700,000 in CDs earning a paltry 1%. I do however have the other 30% invested in higher-yielding index funds.
Like so many others, I want to retire and get off the merry-go-round of unfulfilling, soul-crushing jobs. I have never purchased a home. I also don’ …
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