Is it possible for someone to save millions of dollars by investing while earning less than $100k per year? If so, how long would it take to achieve this?

 Yes, it is possible for someone earning less than $100k per year to accumulate millions of dollars through disciplined saving and strategic investing over time. The key factors that contribute to achieving this goal include:

1. **Consistent Saving**: Consistently saving a significant portion of income is crucial. Even if someone earns less than $100k per year, they can still save a substantial percentage of their income by living below their means and prioritizing saving and investing.

2. **Strategic Investing**: Investing savings wisely in assets that have the potential for long-term growth, such as stocks, mutual funds, exchange-traded funds (ETFs), real estate, and other investment vehicles, can significantly accelerate wealth accumulation over time.

3. **Compounding Returns**: Taking advantage of the power of compounding returns is essential. Reinvesting dividends and interest earned on investments allows the initial investment to grow exponentially over time.

4. **Time Horizon**: The longer the time horizon for investing, the more opportunity there is for investments to grow. Starting early and remaining committed to a long-term investment strategy can lead to significant wealth accumulation over several decades.

5. **Additional Income Streams**: Supplementing earned income with additional income streams, such as rental income, freelance work, or passive income from investments, can further accelerate wealth accumulation.

6. **Tax-Efficient Strategies**: Utilizing tax-efficient investment strategies, such as contributing to retirement accounts like 401(k)s or IRAs, can help minimize taxes and maximize the growth of investments over time.

The exact timeline for achieving millions of dollars in savings and investments will vary depending on individual circumstances, including factors like the rate of return on investments, the amount saved and invested each year, and fluctuations in the market. However, with disciplined saving, strategic investing, and a long-term perspective, it's feasible for someone earning less than $100k per year to accumulate millions of dollars over several decades of consistent effort and prudent financial management.