Of course on the world stage this varies per country but I agree that a big of savings can get you there by retirement, especially if done early.
In China a common goal is to save 140k USD then invest it and retire by one’s mid 30s living a simple life.
If you max out your ROTH IRA every year until retirement that is possible (for the US). Yes, I believe one can easily save and invest in index funds. Based on compound interest with a return rate of 3-7% one could expect 450,000-1.05 mil after 35 years of working. That’s 583$ post tax dollars a month.
Post kids it’s been more difficult but I even picked up an extra job to make sure I can max out my retirement investments.
For everyone? Absolutely not. It is obtainable though. Even half of that per month would result in similarly good returns. The problem is investment education. Reminds me of my local communist reading group who to my surprise didn’t know anything about investing even though capital is like their whole thing.
Relax. If you max out your ROTH IRA every year until retirement that is possible (for the US).
That’s a totally obtainable goal!
Wait until they hear where all electronics come from. Are they gonna ban Apple?
Holy crap!
Great read! Never knew what is meant
How can one safely practice it
Once my roommate punctured one of my tires and I went to a gas station and filled it up. Must have been one of my first times doing it ever. As I got back on the highway my car finally showed the pressure, it read 73….
I guess I could carbonate one lol
Very good as well but I love the fizz
Maybe also wget the website.
I’d be careful with using “ai.” Sometimes ChatGPT makes up answers even when you provide it with the data. -source it lies to me all the time