How to retire a millionaire with just £184 a month RETIRING with more than £1million in savings may sound like a pipe dream, but with a little discipline and forward planning it's more achievable than you might think.
The average millionaire has a tax-free pot of £1,351,000, HMRC figures showed in a freedom of information request made by savings app Plum.
Investments can go down as well as up, but over longer period of investments, losses have more time to even out and make returns.
When you are saving money over long periods of time, for example 10, 20 years or more, it usually makes sense to invest the cash.
You can save money in a cash ISA or keep investments in a stocks and shares ISA.
