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Save 1% More to Make a Fortune Comments

  • By DailyWorth Team
  • January 28, 2013

Senior woman sitting on terrace

Let’s say you’re about 40, and you make $75,000 a year. You’re reading DailyWorth, so you’re saving 10% of your income, yearly.

Let’s also assume your boss gives you a 3% raise per year (thanks, Boss!), and you have $35,000 in retirement savings right now.

Are you saving enough? 

A shocking 60% of workers say that their total household savings and investments come to less than $25,000. 

How much will you have in 25 years, when you enter the golden age of gardening and RV-ing around the world?

  • If you stick to your current rate, you’ll have a nest egg of $522,000
  • If you increase your savings by just 1% now, you’ll have $568,500
  • And if you increase it by 1% each year for the next six years (so you’re saving 16%), you could  end up with a soul-satisfying $759,732.*We dare you:


Increase your savings by 1% today. Check out what that means for you, using this easy slider tool. Then, make it happen.  


*Assumes an annual return of 5%

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