Sure... but it won't mean a lot.
Let's assume I save 10k/year and get 10% yearly growth on my money (average historical returns of my retirement fund company and the average historical returns in the S&P500 over 25 years).
Assuming everything goes perfect and I don't ever increase that 10k/year I will have a little over $1m in my retirement fund in 27 years. Currently I am 1 year behind schedule due to the economy, but based on historical trends it seems reasonable to expect to be a millionair sometimes around when I'm 50. Also, I expect raises every year for the next 27 years, which would speed up the process.
Now, will I ever be able to live a millionair's lifestyle? probably not as I don't expect to hit it big, but with proper investing I should be set for my retirement.
