Part 3/8:
Aiming for a conservative retirement goal of at least $5 million — with a dream target closer to $10 million — Lauren outlines a strategic pathway to achieve this ambitious financial plan. If they increase their monthly investments to $2,000 (with a yearly increment of 3%) and maintain an 8% rate of return, they could still reach around $4.8 million by age 65 and nearly $5.7 million by age 67.