My net worth is hovering at 50k so I have a lot of road to travel. This is a great start!Give me some encouragement, how long did it take you to get where you are now from where you started.GO QADDY GO QADDY GO QADDY GO QADDY GO QADDY GO!!!For me, I am predicting it will take 25 years to reach 1 million dollars from the day I started investing. I am 15 years down the road so hopefully only 10 more to go.1 mil in the bank with a 5 yr old sounds fantastic. I'd have to have a kid in 5 years to pull this off- too old for my taste but still physically possible, I hope anyway. If you can manage to save 15k a year (or 1,125 a mos) with a modest 8% return 21 15.0022 31.2023 48.7024 67.5925 88.0026 110.0427 133.8428 159.5529 187.3130 217.3031 249.6832 284.6633 322.4334 363.2235 407.2836 454.8637 506.2538 561.7539 621.6940 686.4341 756.3442 831.8543 913.4044 1001.47At 44 you have a million bucks. Of course most people start much smaller and then work up to a higher savings rate later (to correspond with their salary slowly going up)
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. M