{
  "id": 6011661,
  "title": "Kevin O’Leary says if you earn $68,000 a year and follow this rule, you’ll retire a millionaire",
  "url": "https://urgent.news/2026/09/06/kevin-oleary-says-if-you-earn-68-000-a-year-and-follow-this-rule",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-06T17:35:54.000Z",
  "source": {
    "name": "Fortune",
    "slug": "fortune",
    "url": "https://fortune.com/article/what-is-kevin-oleary-rule-for-turning-68000-salary-into-millionaire-retirement/"
  },
  "original_language": "en",
  "account": "According to multimillionaire Kevin O’Leary, investors should save 15% of every dollar they earn and invest it, allowing for compounding growth over time. This simple strategy, he claims, will make anyone a millionaire by retirement if they follow it consistently. For an average American worker earning $68,000 per year, saving that 15% would amount to $10,200 annually or $850 per month. Over a 40-year career, this would theoretically grow to about $5.3 million if invested at a 10% annual return, or roughly $2.2 million at a more conservative 7% return. However, in reality, many Americans struggle to meet this goal. Only 55% of workers in the $50,000–$79,999 income range feel they are on track for retirement, and the national average personal saving rate is just 4.4% of disposable income. With an average take-home pay of $52,000 to $54,000 after taxes, and expenses such as rent, groceries, and loan payments taking up a significant portion of that, only about $726 per month remains for discretionary savings. Even if someone managed to save 15% of their earnings, they would only be able to put away $650 per month, falling short of the $850 needed to reach millionaire status by retirement based on O’Leary's calculations.",
  "summary": "The Shark Tank star’s advice is simple—but does the math actually hold up?",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}