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To: DIRTYSECRET

Half a million? That won’t get you through your retirement years these days.

Everything I see means you need a million dollar nest egg.


26 posted on 06/10/2021 9:05:59 AM PDT by Responsibility2nd (I love my country. It’s my government that I hate.)
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To: Responsibility2nd

An efficient economy will not allow for people to pull resources without working.

So the real number will be “10X what most have saved up!”. Just like now.


30 posted on 06/10/2021 9:11:22 AM PDT by redgolum (If this is civilization, I will be the barbarian. )
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To: Responsibility2nd

https://www.cnbc.com/2021/06/03/retiring-early-how-to-budget-and-invest-when-you-are-young.html?&qsearchterm=this%20couple%20retired%20with%20$500,000

Billy and Akaisha Kaderli retired in 1991 at the age of 38.

The couple, now 68, have watched their nest egg grow from $500,000 to more than $1 million, while still managing to fund their lifestyle.

The strategy they use is pretty simple: Track every dollar you spend, and invest in index funds and ETFs.

Check out this video to learn more about the five budgeting techniques these retirees use to grow their money.


38 posted on 06/10/2021 10:11:09 AM PDT by chuck allen
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