How Much You Should Save In Your 401K By Age
ฝัง
- เผยแพร่เมื่อ 4 พ.ค. 2023
- How Much You Should Save In Your 401K By Age
► Receive Full Free Stocks via Moomoo (T&C Apply): j.moomoo.com/00mF1C Up to 15 Free Stocks via Moomoo US (For Australian users, up to 10 Free Stocks for A$2K deposit), T&C Apply: j.moomoo.com/00zRxu
► How I went from Zero To A Million: www.zerotoamillion.com
► My Stock Portfolio + Stock Tracker: / andreijikh
► Get 2 FREE stocks valued up to $1850 (when you deposit $100): act.webull.com/kol-us/share.h...
► ROBINHOOD (Get 1 Stock When You Sign Up): robinhood.c3me6x.net/c/198055...
► Open A Roth IRA: m1finance.8bxp97.net/c/198055...
► Follow Me On Instagram: / andreijikh
► How I Protect My Bitcoin: shop.ledger.com/pages/ledger-...
My PO Box:
Andrei Jikh
4132 S. Rainbow Blvd # 270
Las Vegas, NV 89103
SOURCES:
www.bogleheads.org/wiki/Tradi...
institutional.vanguard.com/co...
newsroom.fidelity.com/pressre...
www.investopedia.com/articles...
www.financialsamurai.com/how-...
ocho.com/learn/average-401k-e...
finance.yahoo.com/news/retire...
www.yahoo.com/now/nearly-two-...
www.fidelity.com/viewpoints/r...
MUSIC CREDIT:
Game: Super Mario Bros. (Nintendo, 1985, NES)
• ReMixer(s): MkVaff
• Composer(s): Koji Kondo
• Song(s): 'Overworld BGM'
• Posted: 2000-09-28, evaluated by djpretzel
• Game: Donkey Kong Country (Nintendo, 1994, SNES)
• ReMixer(s): Waveformer
• Composer(s): David Wise, Eveline Novakovic, Robin Beanland
• Song(s): 'Aquatic Ambiance'
• Posted: 2012-04-30, evaluated by the judges
*None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
How many magic tricks did you spot? There's a few!
69
I saw the one where all my money disappears every month due to high rent and inflation!
@@seanmcmagic Got me with that one
I would like to know how you a Faro Shuffle with only one hand
@@seanmcmagic rimshot
40 now, and everything is paid for. Fortunately, I had a college economics teacher who taught me a lesson when I was 18 years old. That lesson was: you can't buy something else for every purchase you make. Having multiple sources of income is prudent, as is living within your means. I have a 13-year-old vehicle because it is all I need, I like it, and I can do whatever I want with it. My net worth is $4 million, and I can pay my bills without stress, but I don't live like I have that. I have no complaints.
Well done, sir.
You post this same comment everywhere don’t you?
@@skylarhillman1455I don't see anything wrong with that. I'm kind of guilty of the same thing too. They have been a responsible person with their income. I'm finally getting there. How are you doing with your finances? I'm just curious.
40 what?
I'm 98yr old and have $1300 in savings but only 37$ in checking , student loans paid off, gaming PC paid off... Rent is sus, but not bad. Steam sales are what mainly bust my budget.
I like that this channel is going back to its root of focusing on investing for regular people
Regular people have 401(k)s? Delusional
I also learned a lot of knowledge on this channel, about investment,
@@y-strap yes if you work a normal job (9-5) they do
@@y-strapa 401k is the most basic benefit any company will offer.
@@y-straplike nearly every big employer in the us offers it
Glad you are supporting your parents. I love people that don't forget to give back to their parents that worked hard to raise you
it's cultural to people in non-western and industrialized countries.
Can you do a video explaining how you live off your 401k in retirement? Dividends, selling shares ect. Id love to hear your explanation. Great content! Liked and followed.
Please do this
I would love this!
He's not 59.5 years old, so he wouldn't be pulling from his 401k.
For general info, just Google "401k withdrawal strategy"
401K is just an account. So activity doesn't stop when you hit retirement. It continues growing, earning dividends, etc.
To live off it, you can collect dividends (instead of reinvesting) and/or just sell shares. Obviously you don't want to just 100% cash out because it will continue to grow for the next 30-40 years of retirement if you leave it invested
Specific problems are solved concretely
I’m in my 70’s and watch your channel regularly - love it!
You're in your 70s??!! You look much younger.
I always have a huge problem with the X times your annual salary. Say for instance your scraping by with a nice salary of 100K a year. You've saved up 9x by the time your 60. Then you get a huge promotion or change jobs and now your salary is 200K. Instantly now according to the X time matrix your in trouble because you only have 4.5x your salary at Age 60. Are you really in trouble though and that answer is no and not even close UNLESS you changed your spending habits. It "should" be a multiple of not your earnings but your expenses. Same thing goes if you make 100K a year but only have 300K saved. You lose your job and start working at a fast food store making 30K a year. WOW you've saved 10X amount of money you can retire in comfort. Um no...
However if you make 100K a year which is about 60K after taxes but your expenses re 30K. You saving 2x your take home pay. Your expenses at the end of the year aren't 80% of the 100K but 80 to 90% of your expenses. That multiplier should be a multiple of your spending habits not your earnings.
Let's face it, most people don't even do that much
This!! So much THIS! I hate the Millionaire Next Door formulas and anyone who talks about income rather than expenses when setting retirement targets. Income != what you need to live - some of us save 30-50%+ of our income each year to say nothing of paying 40+% in income tax!
@@adamp6320 True. Those formulas only reasonably apply when you spend less than you learn and have a handle on your debt. If you make $60K a year, but have debts of $100K (not including mortgage), then all the logic of the savings formulas goes out the window.
"We can all be sad together" 😂really enjoyed your straightforward explanation and the humor!
My last day of employment was this past Thursday. No mortgage or a car payment. I have a chunk in savings but I don’t see myself dipping into it because my burn rate is below my streams of income from rentals, 401k, interest from savings and pensions. My only advice is to payoff everything before you retire and carry no obligations.
Yes paying off as much as you can is so beneficial. My car is paid off and I owe less than $15k on my house and always pay off my credit cards.
You have it all sitting in cash?? Just losing money to inflation that way. Savings accounts interest are super low.
@@jonathandeuire6962Not all. See my comment to the op.
Started 401k at 18 and reached first million 23yrs later. I was always at 15% and my top salary was $67k in retail. Key is start as soon as you can by paying yourself first. I started putting away because my family and I were homeless as a child. Now, I just wish I had learned to earn income in the market as a day trader a lot earlier in life. At least now, my retirement acct will keep growing in the millions on it's own regardless of my next step in the next few months when I quit my job.
Yeeeaaahhh wish I would have taken that advice when I was 18
@Thawne1338 I'm not sure where you live, but there are tons of job openings. Costco, Fred Meyer, Safeway, most any retail and food establishment. I've not seen so much hiring as I have post Covid. I know many companies need construction, plumbing and skilled labor are in dire need.
@Thawne1338 if u don’t have a job it’s cause u don’t want one.
@@seanchristman9548that’s an absolute lie.
How much were you dumping in it annually? Do you do roth also
Loved the humor and the card tricks in this video!! 😂
Because I do watch your videos for the magic because it is better than realizing I am really behind on saving for my retirement!!
This has got to be the best video from Andrei yet. Very entertaining and educational. Killer
I get it. One day, not too far away, we may not be able to keep working and we have to retire. That said, a ton of people also die never being able to use their hard earned cash. Rather than focusing on building wealth for the future, people should focus on living within their means and finding ways to enjoy life in the present. You will never save enough money to feel like you have enough money unless you live within your means.
Pure wisdom
A lot of fun under the big tent, but not a lot of money in it. I think that was my biggest fear/motivation for grinding and saving. Not to become a burden on my kids. Good luck to you and your parents.
Best part of this video was hearing you talk about taking care of your parents… Andrei, you really are a good guy. I watch a lot of your videos and learned a lot. I’m 34, with 320k in my 401k and 457b accounts (combined), and it’s eye opening to see what the average is for all the ages. I really wish that kids were taught these things in high school, theres nothing worse than seeing people in their 60’s with no retirements or savings
thank you, I totally agree!
they wont teach you these in hs, because if they do , everyone will make great financial decisions and defeat the purpose for those wealthy folks having value in saving. Someone needs to be the mouse and be a sacrifice to the society spending crazy in order for someone to be great saving for later The world wouldnt run if ppl just saved, saved, and saved. Why do you think diamonds are rare, because not many have them. If everyone in the entire world did, it wouldnt be as rare . Scarcity leads to high demand , think like that .
Taking care of your parents or old people is common in most countries except the US. The US dumps old people into senior homes.
Yes, not many of us have parents that can support themselves after retirement. Learning how to save enough for us while supporting parents will need to be the first step towards making sure we're able teach these to our kids in the future, so the cycle doesn't repeat.
Sounds like you're good at planning for the future, happy for you to hit an amazing 320k at this age
Solid data, like button smashed!! Interesting subject to cover, I now need to go into the weekend and find the Canada data equivalent for if I don’t. DAS not good 😂
Wow, i'm 50 and only have 42k in my roth ira. Maybe if i quit eating, live in my car and work 12hr shifts for the next 20 years with 1 day off a week i'll be able to retire when i'm 70. What a joke😂
If you can sacrifice to get a solid 10 years of investing it will make a wold of difference. If you own your own home and can rent it then there are even more options depending on how flexible you are. For example, the rent you get for your house could potentially cover all of your expenses in a cheaper country. Do that for a few years, let your investments grow, plus defer social security, and you could have a considerable amount of money for the rest of your retirement.
If you have money in other accounts then you should be good.
Worth noting that according to Investopedia, Roth 401k contributions from employee are post-tax dollars but the matched dollars are pre-tax dollars and are put in a traditional 401k.
Which is why you don't do 401k Roth. You get a Roth IRA instead.
You can’t contribute to Roth IRA anymore when you reach the income limit.
I’m very behind y’all. At this rate I’ll work till I’m dead
The trick they dont want you to know. Have more money! 🤯 I just found this channel and was cracking up. Great video and great info.
"I already have dependents even though I've got no kids" I related to this line on a whole nother level!
Best advice: start EARLY. The second you start working set aside some of your wage for retirement and continue the habit no matter what. Increase the percentage you save every time you can (you likely get a raise each year). Even someone with a low working wage can have $1million in retirement with diligence and diversification.
3:36 I see you with the final fantasy music sneakily in a 401k video, you absolute hero
Thank you for the reminder to switch to a Roth IRA, will be doing so this weekend lol
My problem with the 401(k) is that I don’t want to wait until I’m 65 or whatever to retire.
Man that was depressing..... I need a drink now.....
I purchased your D&D videos YEARS ago!!! Still amazing with the cards!! Approaching retirement and appreciate the financial education videos!! +1 sub.
Hey man, you earned a subscriber. I am glad you are focused on helping your parents out, something that is rare nowadays. I hope your youtube career skyrockets even more.
Hey Andrei, keep putting up great content. Those card tricks were subtly impeccable. Quick question - how do you create those animations in your video?
Learning about finance doesn't have to be boring, thanks Andrei for the entertaining video!
thank you!
@Andrei Jikh I agree. Can references be provided?
It was never boring, its just gen adhd can't pay attention to anything that doesn't have a lootbox.
I literally have that plant in my living room.
Thanks for the advice. ;)
By far the most fun video in a long time. Keep it up Andrei !!! We need this !!!
I was lucky enough to start contributing at pretty much the bottom of the market (in recent memory anyway) in 08 so my returns have been pretty great. That COVID hit has been pretty sobering though. I would also recommend the zero fee Fidelity index funds for a side investment account.
Nice recommendation
I knew the information in this video, but I'm incredibly happy you put this together. It's very easy to understand what you're explaining. It breaks the content into small digestible chunks for the average American.
I think overall a good advice and something that all of us need to hear when we're young.
Yes!!! There has been a serious lack of card tricks!
It would be interesting to see a survey on how the prospect of an inheritance influences the lack of personal savings and planning for retirement. With people living longer, and poor estate planning, most people don’t understand how much nursing homes will charge (steal) from our loved ones. With the so called housing crisis, this might be the last generation (boomers) that pays off a home and leaves it to their children (or Black Rock).
Well stated. I agree.
True. I expect to inherit quite a bit. I may need to retire early to help care for my parents though to keep them out of nursing homes. I'm focusing on investing as much as reasonably possible for the next 10 years (to age 60), so I can afford to retire when my retirement accounts are accessible.
Currently have 7 x my salary invested.
Bro my dad has pretty much everything paid off and has multiple millions, gets two pensions and I doubt I get a dime for being a good son
we need a whole series or 2nd channel on 401k's 💪🏽💖
No you don’t, just start it
Just stumbled upon your channel today and I have got to say, this was a great video. Everything was simple and straightforward. You got a new sub!
Can we have one episode dedicated fully to the cards and other magic tricks? Seems more usefull in recent days
Can you do a video explaining after tax contributions? I work for an aerospace company and they offer the after tax contributions 401k
Make an HSA vider please!
HSAs can be like a supplemental baby 401k and the benefits are so great.
Mate! Love your work! Big thanks! Awesome card tricks, humor & especially information! Big fan! ✊👍😎
Good vid.Please do a vid on an HSA account next, thanks
I have steady income. Military retirement and VA disability. Also work as a Correctional Officer making 140k. I do contribute to a 457b and do max it out every year (currently at $155k with this down market) so I feel very blessed to have these multiple streams
Since when do correctional officers get paid so much??
@@dirtydinner6463 investigating the right jobs and negotiating pay regularly . many trades pay more than advertised .
@@dirtydinner6463 The profession is short staffed nationwide. Many are doing tons of overtime at time and a half.
@@savvy727 Hell I would take that over my salaried job where I’m expected to work overtime with no extra pay
I thank you for all your service to our country. You deserve it.
Awesome! I am currently maxing out my 401k. And being 50 I get an additional amount… 30K in 2023!!
Same! 🙌🏻
Yea good you will buy a donut at old age
@@MikhailFromUSA Au contraire, mon frère.
Love the mockery of the get rich quick! Thanks for the laughs!
I cant focus. Im to busy trying to hear the badly mixed red xiii theme
A lot of the working class are retiring with only $100k, because the wages are so low. They really can't contribute much to a 401k. I know so many in their 70s/80s still working, because they can't afford to retire.
I love this video. I’m obsessed with cards and I have a degree in economics, so money and card tricks are two of my favorite things! It’s a good thing I’ve committed to never gambling!
Small gambling is good for the soul, big gambling is bad for the body
@@chris-1977 unfortunately, small gambling turns into big gambling. Same thing with drug use and theft. I also don’t do those things, even if a little would be okay. Why tempt myself?
I have never seen a detailed great video like this one
That’s a nice AP watch!
My advice would be to invest into a 401k up to your match and then open up a Roth IRA and put the rest in that. You’ll have way more options when it comes to investments.
But remember you can be limited on Roth IRA contributions depending on your income.
And save in a HYSA.
Yep or at certain point, you’re at your peak salary and want to reduce tax liability. During highest paying part of career, you should defer tax.
Yes, this is what a backdoor transfer is used for. Max out your Roth, then Roth 401k if offered@@Dussander2
This is the first video I’ve ever seen that actually quantifies goes like you did. Really helps break it down to a reality check. First time seeing a video of yours but will definitely check more out
Let alone addressing the issue of parents lack of retirement planning as I’m in a similar situation in that regard
One important reason to save in a Roth is you can get Market Place health insurance at no cost if you have minimal income and a Roth doesn't count as income. That is only if you retire before 65, which will be Medicare.
Your words are golden.. just hope people listen. Invest early.. don't stop investing. Invest in low expense ratio index funds.
My problem with the standard priority list is the ranking of your mortgage. If you have an interest rate of 4+%, that should bump up the list due to the risk of losing a job
the thought process is you will never be able to get debt at that low of a rate. So that money would be better spent in an investment. mental health is more important and that is why many prioritize paying off their home as quick as possible.
Been down the job loss road. So now we just want to pay off the house and reduce our expenses.
The lower expenses allow for more flexibility. The lower the income needed, the more job options you have. Any amount of money goes further.
Alternatively we could invest in a taxable brokerage account. This way we can pull out the money quickly.
I would love to hear about the HSA. Can you roll that over to an IRA eventually? Thank you for this video :)
No. There's no way to do that and I'm not sure why you'd want to - you'd lose the opportunity to withdraw from it tax free (just make sure you save and organize your receipts.)
Good to know. @@claytonrehmus2500 are only able to use the money for health related purposes when you retire? Can you use it like a normal IRA when you retire? Just trying to learn more about the HSA. Thanks for your help.
@@jellyd.9925 Yes, unless you want a 20% penalty on top of ordinary taxes (I believe). That penalty goes away at age 65. That said, to use your HSA as a retirement account, just pay out of pocket for medical treatment whenever possible, save the receipts and then you can also have those expenses reimbursed once you retire years later. Just takes additional bookkeeping.
@@claytonrehmus2500 thank you for your wisdom 👍 I appreciate it. 😊 It’s good to learn about these things.
NO! keep that money in your HSA, its the best thing going period. theres a reason why the contribution limit is so low. Treat it as a retirement account and don't use it if you don't have to.
I have crazy amount of kids that I can claim now but not at retirement. That was such a one dimensional assessment!
Crushing it as always! Thanks for the heavy financial lifting to educate on your part and millennial humor. Been here since the beginning of your videos, second to none sir.
And a IUL? Is better or worst than a 401K?
That’s why I never go to the doctor because they’ll find something wrong with you
LOL, same
Sad..but true 😂😢😮😅😊
This has been a very entertaining and informative video! Thank you! Had one question, invest in my company’s 403b should I invest in a IRA or directly into an ETF with the rest of my earnings..thank you!
I love watching these videos. But I wish I could find other channels that focus on Europeans (more specifically Norway) and how we should invest for retirement. Since we don’t have 401k
Thanks man, fire info as always! You’re not alone in the “I’m my parents retirement plan” boat. I think there’s a lot more people having to take care of their parents financially in the US than many realize.
I am a first gen immigrant so I felt when you said your parents are your 'dependents'. I am 30 now, I just graduated and starting maxing out my 403b, 457 so I feel like I am late in the game but I guess better late than never.
I'm only here for the magic tricks
Good video, gives us good information and good mood. Thank you.
Thank you. Now I don't feel so bad about the 28k in my 401k, but I really do need to kick it in to gear. I've been stressed and feeling behind because I didn't start my first real job till I was 27 years old (I've had an odd life path) ... so I've only been contributing for 10 years. 🍀Great video - it makes it all seem much less - dire, lol. Also nice magic tricks.
Don’t worry. I started at 36 and still able to save a good amount. But I am maxing my 401k now for the past few years as much as I can to save on taxes. 😅
A 23 year old putting away $22,500 every year until 45 is just impossible today. Many can barely afford rent nor an emergency fund.
100% True 😢😮
It was impossible 30 years ago as well
Live below your means
Last part of this video, subbed ! much Respect SIR!
The card Play is Just PERFECT.
Buddy at work doesn’t invest in 401k even tho we got a 10% match. Still trying to convince him😅
10%? That’s horrible but yeah he should start
@MarcialChan I'm guessing he means a 100% match up to 10% which would be an amazing contribution.
We choose Roth over 401k because taxes will be higher in the future, not because we plan on making more during retirement.
Why not have every account possible so you have more options in retirement and can draw on what works best then?
My best guess is that you wouldn't be maximizing the benefits of a particular strategy so it's best to plan ahead so you can maximize your money
What’s to say they won’t tax the Roth as well in the future? Democracy/ mob rule can take from you as they please. They will just change the laws when you retire.
The problem with ROTH is that you can only invest 6500 each year which is not enough. Why not have both roth and 401k?
@@suttsd you can have both
What about ESOP (employees stock ownership program)? It's a retirement plan I assume or if I leave my job. I have that as of right now.
My 401k is flourishing, especially in these rough times
Most people put 13.8% of their salary into 401k? Well guess who just increased their contribution from 10% to 14%? Checkmate, Andrei.
When i started to get into finance and investing, i did not understand much. After understanding the topic more, i think it is funny that now i would understand a 401k, which lots of US citizens don't understand. But... im not located in the US, so i would never be able to use it. 😅
Get rich slowly!
Andrei i try to have the same amount of VTI as u do..its hard compete with u..but i bought it much cheaper then u, AVG price of 196..Little stupid competition.Your clips amazing.
The sad reality is that far too youngsters have their minds occupied with distractions and very few are preparing for their futures.
4:56 - I would amend this part slightly. Not every company does a 1:1 match. My current company matches only 50% of my contributions, so it's only a 50% "guaranteed" return on my initial investment. I have also heard that some companies match higher than 1:1, but I've never personally experienced that.
Answer is the same, contribute to get the match.
Or sometimes it'll be scaled, like 100% up to x then 50% up to y
My husband's company only does a 40% match, but it saved us from losing money in the 401k last year.
I don't even get a match and I work for BNSF 🤣
My question is have you looked into the different styles of cash value life insurance... It's not a sexy way to grow money but it's very interesting if you understand how they work.
Have you ever thought about starting a magic TH-cam channel because I would watch that and I wanna know how you do those card tricks
Your content is magical
He does the same hand gestures and has similar lighting in back like Graham Stephan. Graham cant' do magic though.
I'm 48, sad to say I made terrible money decisions growing up which I'm presently paying for, been dedicating every waking hours towards my retirement and I'd really love to retire to Portugal with atleast $3million by, the market up and down is not helping at all.
sounds about right, thank you for sharing.
Prioritizing your Investments graph is also golden.. simply golden.
I'm 30 and I have 13k in my 401k the numbers were accurate
Andrei I'm mid 20s and I denied my companies 401k. I'm planning to put my money into rental properties and the s&p500. I don't like the idea of waiting until I'm 60 to see my money, I want to retire earlier than that. Am I making a mistake?
to your question "am i making a mistake ?" should you say no to a 4%raise ? you are missing the company's free "match" . you can often use it early for 1st time home buyers without much or any penalty , but read the fine print .
Your idea only works if you don't anticipate living to 60 yr old. If you do, and most people do these days, then the tax savings of 401k and IRA is pretty significant over paying tax on ordinary income. For young people, Roth 401k is a better deal. Most of the benefit is on the gains on the investments. Compounding over 40 years is no joke.
I'd still at least get the match if there's the option! Otherwise, when it comes to investing - if you know the rules, you can break them if you think it will work better for you
I think you are totally on the right track. I think the thought of waiting until anyone is in their 60's to retire is ridiculous!
I feel like a paid course will be coming out now
It was a very bad decision to remove the Glass-Steagall Act in the late 1990s, which led to the spectacular failure of huge banks during the financial crisis of 2007-2008. To prevent another disaster, Dodd-Frank and this statute both need to be reestablished right away. What happened with SVB is only the beginning of what will happen if nothing is done to address the current situation.
It is unfortunate that more people don't know this. People can't seem to conect cause and effect anymore. We had rules for the game, they removed said rules, and now people cheat left and right. Soon, the game is going to collapse when everyone throws the board off the table.
While I agree but this bot comment has been spammed everywhere.
34 with 140k in my 401k through work, 35k in Roth and only 2k in brokerage account.. buying schd in my brokerage but just started
Just turned 37 with $170k so you're doing awesome. I feel like I'm never going to make it to the 1 million plus that they say we're going to need, and I have no idea how we're supposed to invest 15% or Max it out. I really hope retirement is achievable because I really don't want to work until I kick it
Heck yea, crushing it!
Need access to money for investing in brokerage and real estate if you don't own property
Too heavy in accts that you can't use until 59
With limit investment options
In brokerage you can double a position in one day
Just gotta learn the market
Or get a long term gain by building your own stock portfolio
Don't put any more money in retirement funds.
Fund emergency fund brokerage
Loan from retire fund to buy real estate
30 with 150k in my 401k, 40k in Roth, and 56k in brokerage
@@kylerhaab7596 Killin it, really starting to question my life choices now
Fidelity 500 is what i have on my 401K and FXAIX and SCHD on my ROTH IRA
Are these 401K average balances only for active 401K accounts, or inclusive of rollovers from previous employers?
Between my employer and myself I've been putting 28% of my salary into my 403b and . . . since December 31, 2021, my account has not increased at all. At all. Sixteen months of pouring money into a hole and getting nothing in return. And they say the real recession isn't even going to start until later in 2023. Grim. And American "health care" is one big scam, and a disgrace.
I signed up for the company 401K, but I don't think I can run that far.
😂😮😅😊
The das joke was underrated
One issue I noticed with the prioritizing investments; I didn’t see where I’m supposed to yolo into crypto.
In the scenario where you make $75k a year, if you had that 3x by 40 and assuming the rule of 72 you’ll be at 3.6 million by 67. Contribution rate and time in the market will always be the biggest factors for growing wealth.
youll spend vast majority of that in medical bills so
@@mysterio5837 how?
@@mysterio5837 such a dumb comment