Who doesn't want to be a millionaire? You may not be as far as you think. With some faithful saving, you could reach that coveted spot by retirement.

Don't believe us? We broke it down and figured out which jobs, based on mean income statistics from the Bureau of Labor Statistics, could result in a seven-figure bank statement by your final day of work. But working in these fields doesn't guarantee millionaire status - you have save 10% of your salary each year at a 5% compounding interest rate for 40 years.

IN PICTURES: Retire A Millionaire In 10 Steps

The Big Winners

1. Veterinarians - $1,115,740
As they wrestle your sick feline out of its cat carrier onto a stainless steel countertop and proceed to insert a thermometer into poor Mr. Pickle's backside, they definitely don't look like millionaires. But your vet, who makes a mean income of $90,110, could be standing there dreaming of her cushy retirement, when she won't have to do this ever again.

2. Physics Teachers, Post-Secondary - $1,031,666
Beneath that wrinkled, tweed jacket with corduroy elbow patches (what are those even for?) is a professor who makes about $83,320, and could be fixing to retire in luxury. Yes, many college professors, particularly those teaching business, math and science, are eligible for millionaire-dom. So wake up and pay attention! They're obviously doing something right.

3. Administrative Services Managers - $1,009,503
Who knew that these ultra-organized office managers with scrupulous attention to detail could be millionaires-in-waiting? With mean incomes of $81,530, these valuable employees ensure every pesky detail, from mail distribution to "sign here" stickies to filing systems are taken care of. And they make enough money to take care of their retirements too.

4. Civil Engineers - $1,005,169
The people who plan, design and build your city's infrastructure make a tidy sum of $81,180 on average each year, which means they make the cut for our future millionaire list. The next time you cross a bridge, pass a road repair crew or inhale a whiff of a sewage treatment plant, remember that a potential member of the upper class may be financing a comfortable retirement on that work.

Not Quite
Chiropractors ($995,387), real estate brokers ($970,252), power plant operators ($918,495) and sea captains ($875,901) didn't quite make the cut with each of their respective mean incomes. But by increasing their savings each year or making investments with higher returns, these professionals could easily join the ranks of the retired millionaires.

Halfway There
Since most of the world makes less than $81,000 each year for 40 years, it's good to know that no matter what you make, it's worth it to put money away each year. If you, like radio operators ($537,378), farmers and ranchers ($528,834), and postal service mail carriers ($605,974), make more than $40,400, you can easily make it to the half-millionaire point by retirement. (For more on the job market, check out 6 Sectors That Are Creating Jobs.)

Things to Remember
It's important to remember that these calculations rely on factors that often aren't quite as consistent in real life. For one, entry-level employees don't generally start earning the mean income in their fields until later. However, good work results in raises, and over 40 years, one's average salary could match or exceed the mean income. Taxes are also not taken into account, and neither are the big ticket items that come along in life - a down payment on a house or a child's college tuition. But that only places more emphasis on why it's smart to start saving early on in your career, no matter what your income. (For more, see 5 High-Paying, Low-Stress Jobs.)

(Catch up on the latest financial news, read Water Cooler Finance: Shocking Court Rulings, Sinking Markets.)

Related Articles
  1. Insurance

    Beware the Sneaky Math of Universal Life Insurance

    Universal life insurance's cash value can be a cash cow – if there's any left. Read on to see if it'll work as an income source after you've retired.
  2. Mutual Funds & ETFs

    Top 3 Allianz Funds for Retirement Diversification in 2016

    Discover the top three Allianz funds for retirement diversification in 2016, with a summary of the portfolio's managers, performance and risk measures.
  3. Mutual Funds & ETFs

    The Top 4 Russell Funds for Retirement Diversification in 2016

    Discover four mutual funds administered and managed by Russell Investments that would add diversification benefits to a retirement portfolio.
  4. Budgeting

    Is Living in Europe Cheaper than in America?

    Learn how living in Europe has financial advantages over living in the United States. Discover the benefits to take advantage of when it makes financial sense.
  5. Retirement

    Top 5 Cities To Retire To In Croatia

    Cheaper than the Italian coast along the Adriatic Sea, but full of natural beauty, good food and active sports.
  6. Retirement

    5 Reasons Millennials Lead in Saving for Retirement

    Say what you want to about millennials but the one thing they are doing better than any other generation is saving for retirement. Here's why.
  7. Retirement

    Shopping the New Retirement Products

    There are more options than ever for retirement portfolios these days. Choosing the right product comes down to your needs, time and management style.
  8. Retirement

    Longevity Insurance: Can You Afford Life into Your 90s?

    A man who reaches retirement age is likely to live until he’s 84. A woman is likely to make it to 86. But what if you live longer?
  9. Mutual Funds & ETFs

    Top 3 PIMCO Funds for Retirement Diversification in 2016

    Explore analyses of the top three PIMCO funds for 2016 and learn how these funds can be used to create a diversified retirement portfolio.
  10. Retirement

    Retiring in Thailand: The Pros & Cons

    It's a lovely land, but before relocating, get the skinny on this Southeast Asian kingdom.
RELATED FAQS
  1. Am I losing the right to collect spousal Social Security benefits before I collect ...

    The short answer is yes, if you haven't reached age 62 by December 31, 2015. The Bipartisan Budget Act of 2015 disrupted ... Read Full Answer >>
  2. What is the maximum I can receive from my Social Security retirement benefit?

    The maximum monthly Social Security benefit payment for a person retiring in 2016 at full retirement age is $2,639. However, ... Read Full Answer >>
  3. Are target-date retirement funds good investments?

    The main benefit of target-date retirement funds is convenience. If you really don't want to bother with your retirement ... Read Full Answer >>
  4. Where else can I save for retirement after I max out my Roth IRA?

    With uncertainty about the sustainability of Social Security benefits for future retirees, a lot of responsibility for saving ... Read Full Answer >>
  5. How does a cost-of-living adjustment (COLA) affect my salary?

    Some companies build salary adjustments into their compensation structures to offset the effects of inflation on their employees. ... Read Full Answer >>
  6. Will quitting your job hurt your 401(k)?

    Quitting a job doesn't have to impact a 401(k) balance negatively. In fact, it may actually help in the long run. When leaving ... Read Full Answer >>
Trading Center