These days, most people think the only way they can afford to retire is as millionaires. More specifically, most Americans think the magic number is $1.26 million, according to a 2025 Northwestern ...

Brennan Schlagbaum and his wife became millionaires in 2022 after paying off debt and investing. They set up 529, brokerage, and Roth IRA accounts for each daughter, which they contribute to monthly.

This article adheres to strict editorial standards. Some or all links may be monetized. These days, many people think they need over a million dollars to be able to retire comfortably. More ...