1-800-488-1890 | 724-731-0094 info@nsslife.org Who Wants to be a Millionaire? January 15, 2020 Home | Blog | Who Wants to be a Millionaire? No, not a contestant on the TV game show but someone that really wants to retire with a significant amount of money. It is possible to accumulate that kind of money. A couple of things would help in reaching this goal. One, would be time, start early. The sooner you begin the more interest can help you achieve your goal. Next, decide to put some money away no matter what happens along the way. This is easier said than done so a real desire to accomplish your goal will help keep you on track. As a guide, here is the amount of money that should be set aside on a monthly basis to accumulate $1 million by age 65 using our Preferred 8 Annuity: Granted these are some big numbers, but keep in mind the big goal of $1 million. Your goal doesn’t have to be a $1 million, it could be $500,000 and then only half the amount shown would need to be save. And what if the goal was a $100,000 then only one tenth of the amount shown would be needed. And the reverse is true to, if you want $2 million double the figures. Obviously, this is the money side of the equation where time and interest can work to help achieve this goal. Here are some successful tips to help along the way. First, have a plan. Studies show that people with a written plan are more likely to achieve their objectives. Next, live below your means. That difference can be used for sav- ings and accomplishing the long term purpose. Avoid credit cards unless they are paid off each month. Finally, start your own business. Statistics show that people with their own business or entrepreneurs tend to do better in life than others. NSS Life has some of the products that can help you reach your goals. We offer traditional IRAs, Roth accounts and annuities that can help you. Our rep- resentatives are among the best in the business. They are true professionals that can plan, implement, review and guide you on your journey. Contact Us National Slovak Society 351 Valley Brook Road McMurray, PA 15317-3337 Phone: (724) 731-0094 Toll Free: 1 (800) 488-1890 Fax: (724) 731-0145 Office Hours: Mon - Thurs: 7:30 AM to 4:00 PM Friday: 7:30 AM to 12:30 PM info@nsslife.org sales@nsslife.org Latest News Septemberfest 2021 From the President’s Desk NSS Life 2020 Family Fun Day Latest Articles Employee Benefit Plan Start a Roth IRA Now 2020 Retirement Literacy Survey Upcoming Events NOVEMBER, 2021 Site Map Home Insurance Products Annuity Products Membership Events Media Fraternal About NSS ©2020. NSS Life. All Rights Reserved. Concept Developed by Apotheom, LLC