If you are reading this blog, I’m assuming that you have dreamed about being a millionaire at some point in your life. Reaching the millionaire mark in America is a milestone. It’s the American Dream in terms of finances. If your net worth hits a million, you have a great chance of retiring a wealthy individual. However, thinking about becoming a millionaire and actually BECOMING a millionaire are obviously two very different things.

You don’t hear me talk about becoming a millionaire hardly at all, because I don’t want to sound like a late night infomercial with vague descriptions and false promises. However, I do believe that every middle class individual in America has the ability to retire as a millionaire. If you can be patient, you can live your later years as a bonafide millionaire. All it takes is patience, perseverance, and faith in the stock market. You’ve heard many financial people give vague examples of how much money you can save per month in order to become a millionaire in x amount of years.

Check out this Kiplinger Calculator to see exactly how many years it will take to become a millionaire per x amount of dollars saved per month.

I did some calculations, and I can retire at 55 with $1 million dollars if I save $581 dollars per month for the next 30 years. I can’t save that much right now, but I can catch up in a few years when both me and my wife are working. I like the sound of retiring at 55 and pursuing all of the hobbies that I’ve always wanted to master! Do you believe in growing rich slowly? Can you envision yourself with a $1 million dollars in the bank? The real question is, are you willing to sacrifice now in order to be rich later? Our society tries to make us believe that we can become rich overnight. The truth is, it takes hard work, sacrifice, and patience.

Sorry to break the bad news to you. Getting wealthy is boring, but BEING wealthy has GOT to be fun!