To save for retirement, you must invest your money wisely, not just save it in a bank account. Choosing the right investment strategy can help grow $100,000 into $1 million by retirement. Three smart strategies include investing in growth stocks, collecting and reinvesting dividends, and riding the S&P 500. Each strategy has its pros and cons, but all offer potential for long-term wealth. Consider diversifying your portfolio and understanding the risks involved in each strategy to make the most of your retirement savings. Remember, the key is to make your money work for you in the long run.

Read more at NASDAQ.: How to Turn $100,000 Into $1 Million for Retirement: 3 Smart Investment Strategies