Do you agree with taking a more aggressive investing approach can help jump-start your savings if we want to reach millionaire status by retirement?

Depends on what you mean by “aggressive”. Younger investors typically have a higher percentage of stocks compared to bonds in their portfolio, therefore considered a more aggressive portfolio as they can afford to ride out the volatility.

If by aggressive you mean having more high risk components in your portfolio e.g. Crypto, Tesla then I don’t agree with your statement as it can go both ways, either “jump-starting” your savings or losing it all. Higher returns tend to come with higher risk but higher risk doesn’t always equate higher returns.

I would recommend having a majority of your portfolio in a diversified index ETF, only put what you can afford to lose in higher risk components, this is your retirement you are talking about, I wouldn’t leave it up to luck.

Yes but depends on ur risk appetite too. no point going aggressive if u cannot sleep when u see your portfolio become red since more volatility and swings are expected