10 million by 65, currently 20. (This is help for a presentation in finance regarding retirement plan)?
2019-04-16 5:44 am
Hell I have a question regarding retirement plans. I live in Connecticut and plan on hitting a big goal of 10 million dollars at the age of 65 for retirement. I am currently 20. What would be the best plan, process, and what would need to be the ideal yearly income to live normally in CT but still able to save enough weekly/ monthly to hit the goal of 10 million by 65? What does my plan and best choose to go towards
回答 (3)
2019-04-16 5:59 am
If your income does not make more then $10M collectively, you need to put your money into investments. A 401K doesn't really cut it either. I highly highly recommend rare coin investments. It has given me the ability to buy alot of things that a normal job would not allow me to buy. If you could save about $100K, you can make alot of money in coins. We are talking about $500K to $1 million a year.
2019-04-16 5:49 am
Get a good job. Get help from a professional investor in planning for retirement. Also it doesn't hurt to invest in a 401k
2019-04-16 5:48 am
You will need to contribute $2775 per month for the next 45 years to have $10M at age 65
Good luck
Good luck
收錄日期: 2021-04-24 07:34:38
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