Most Nigerians laugh at the idea of retiring with N100 million. To a lot of people this is an unrealistic dream, but this is very much achievable only if you can just make that decision to take action.

At just 20% annual returns, a 25-year-old saving just N1,042 per month will hit N100 million by age 65. A 30-year-old needs N2,596. These are not large sums. The mathematics does the heavy lifting because returns are reinvested and grow on themselves every single month.

The practical vehicle is mutual funds. A combination of a Money Market Fund for stability and an Equity Income Fund for long-term growth can comfortably deliver 20 percent annually. Both are accessible, regulated, and available on your phone.

The obstacle is never the amount. It is consistency and the interesting part is most of your banks like Gtbank, First bank, Stanbic IBTC, UBA , offer asset management services.