How Anybody Can Become A Millionaire

In this episode, we discuss the belief that anyone can become a millionaire with a bit of math and consistency. Using the S&P 500 as a benchmark with an average annual return of 10%, we break down the monthly savings needed to become a millionaire at different ages:

• Age 25: $125/month for 40 years
• Age 35: $400/month for 30 years
• Age 45: $1,200/month for 20 years

We also emphasize the importance of setting up automation, not selling when the market goes down, and reinvesting dividends to keep the machine rolling. It's never too late to start saving and investing, and with the right mindset and discipline, anyone can achieve financial freedom.

 

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