Premillennialists have often been criticized for basing their belief in a Millennium entirely on one passage of Scripture, Revelation 20. Because it is found in a book well noted for its high use of symbols, they say it is foolish to take the one thousand years literally. But that is hardly a valid criticism...
Passage: Joel 2 & Acts 2
In his definitive work, The History of the Jewish People in the Time of Jesus Christ, Emil Shuer noted that Later Judaism discovered that there is a fourfold meaning of Scriptures, which is indicated by the word pardes (Paradise), viz. 1. pshat, the simple or literal meaning; 2. remez (suggestion), the meaning arbitrarily imported into it; 3. drash (investigation), the meaning deduced by investigation; and 4. sod (mystery), the theosophic meaning. (pg. 348)....
Passage: Isaiah 52:13-53:12

From the most ancient rabbinic writings this passage was interpreted to be messianic. On rare occasions some rabbis interpreted the Servant to speak of King Hezekiah but that was extremely rare.

What the rabbis could not reconcile are the contradictory messianic prophecies of a suffering, dying Messiah as over against a conquering, reigning, and royal Messiah. Will He come riding upon a donkey or riding upon a cloud? A minority of rabbis chose an either/or option: if Israel is righteous, He will come riding on cloud; if Israel is unrighteous, He will come riding on donkey. The majority of rabbis were uncomfortable with that option and innovated a two Messiah view. The first Messiah will be the Messiah Son of Joseph or Son of Ephraim who will fulfill the suffering and dying prophecies. He will be killed in the Gog and Magog war. Then will come the second Messiah, Messiah the Son of David, who will win the Gog and Magog war, resurrect the first Messiah back to life and bring in the Messianic Kingdom and Israel's final restoration.

However, around A.D. 950 a new interpretation was inaugurated ...