Skip to Main Content

Never too late to get rich: How to make a million after age 70

Retirees sunbathing by the pool | Image Source/Getty Images
Bankrate Logo

Why you can trust Bankrate

While we adhere to strict , this post may contain references to products from our partners. Here's an explanation for .

A lot of us dream of becoming millionaires one day.

What’s not to love about having enough money saved up to do whatever we like, whether it’s spending time at the beach or traveling the world?

Very often we find that life gets in the way and things don’t pan out the way we’d hoped.

If you are entering your 70s and your savings are slim, you may still dream about accumulating wealth. But is the dream still attainable?

Andy Tilp, founder and president of Trillium Valley Financial Planning in Sherwood, Oregon, says it is still possible to get rich late in life, “but not without a lot of work and sacrifice of time.”

Following are 5 ideas for how to make a million after age 70.

RATE SEARCH: Want to start saving more money? Get some interest on your savings starting today by shopping money market accounts.