It took me forever to save $5k and here I am decades later and looking to retire with $2m in my 401(k) - here's how I did it

"Compounding of interest and dividends has long been known to be a foolproof method to build wealth, albeit over time. It is crucial to remain patient, as results do not manifest until after the first few years."

"Both Buffett and Munger were in staunch accord on the power of compounding. By reinvesting dividends and interest, compounding builds wealth reliably over decades, emphasizing the importance of patience in facing the slow initial progress."

Read at 24/7 Wall St.