RE: How to become a billionaire in the next 5 years?
People do not become billionaires by accident. Demystify as many of the variables as you can before you assemble a plan, such as interest rates, tax brackets, dividends and so on. Take a class online or at a university on finance, read books about investing and know the rules.
Available from most financial institutions, IRAs are customizable financial plans that you can set up to start saving for the future. If you want to end up saving an amount of money that ends with nine zeroes, you need to do this as soon as possible. You’ll accrue interest on your savings and elect to take an amount of risk in investments to make money off the money you have.