Opt for Alternative Investments

If your earnings do not allow you to save that much for retirement, there are other ways to reach that coveted retirement million. Instead of saving your way to 1 million dollars, build your nest egg by investing in real estate or starting a business, recommended Todd Tresidder, wealth coach at Financial Mentor.

“Think outside the traditional model — go to alternative assets,” he said. Don’t let your limited income stop you from achieving this goal. Even if you don’t have the money to start a business, you can still make it happen if your idea is good enough and you are ready to go the extra mile for it to become reality.