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Who wants to be a millionaire? Actually, anyone can retire as a millionaire. How? Consider this: Suppose you, on your 25th birthday, begin saving $3,000 per year. Forty years later, you retire on your 65th birthday. How much will you have? The answer might supprise you. If you earn 10 percent per year, you will have about $1.46 million. Are these numbers realistic? Based on the history of financial markets, the answer appears to be yes. For example, over the last 80 years or so, the widely followed Standard and Poor's index of large-company common stocks has actually yielded about 12 percent per year.
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