You can ‘ease off the gas’ once you hit $100,000, said Charlie Munger. Here’s how to get there as fast as possible

But there's a catch, says self-made millionaire Mark Tilbury: The magic only really happens after you've invested your first $100,000. While joining the millionaire club may feel out of reach for many young Americans, the power of compounding can make it possible. After you hit $100,000, "compound interest stops being lame," Tilbury said on YouTube. Acorns helps you build your investment portfolio by rounding up each purchase on your credit or debit card to the nearest dollar. Backed by world-class investors like Jeff Bezos, Arrived makes it easy to fit these properties into your investment portfolio regardless of your income level.