Make $1,000,000 in Ten Years By Investing This Much Each Month

Our Rich Journey – Make $1,000,000 in Ten Years By Investing This Much Each Month - In this video, we answer a caller's question regarding how much she should invest each month to reach financial independence and retire early with one million dollars in ten years.

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[itsmesaltax]

27 and have 125K invested! Compound interest let’s go!

[teacheraugust]

I just used a FIRE calculator and my FIRE age is 290. let's go year 2467!

[Theextremepessimist]

I’m 40, I wish YouTube was around when I was a teenager. Youngsters are LUCKY to have this knowledge. Our parents gave us 0 help.

[darylmiller]

A young person who focus on retiring in 10 years might forget the most important part. To enjoy the journey.

[josephstupar]

I started my fire journey at 22. I am now 24 1/2 exactly today my stock portfolio is down to 13500, I own 2 rental properties and a small home me my girlfriend and daughter live in, we have a easy 125k equity, this is possible. You got it. Learn and save. I was someone who was always broke before learning about fire

[tonyvaldez]

You guys have made a magnificent change in both my wife’s and my way of handling money and investing it. We have followed you both over the last three years. We have taken over the decisions to control our financial future and have fired two of our financial advisors. We have educated ourselves with your courses and videos and now are very confident with handling our investments. We just want to thank you both so much!

[gnosis]

Being able to invest $6000 per month is a very aggressive goal, not just for a 23-year-old, but also for an adult who makes good money in the US. In order to save $6000 per month, it would require a salary of over 100K a year! But then you need to account for the essential expenses like rent or mortgage, groceries, car payments etc so you will probably be left with about half of that or $3000. This doesn't mean that this goals is impossible, it just means it will take 20+ years to get there.

[impala]

Additional Income is the key. I'm planning on retiring in 3 years before I'm 50. I tell some people and they don't believe me and some who know my capabilities do believe me. Your surroundings is another key to success.

[malikahm]

She is great. I did not retire until I was 60. And even though I have acquired the $$ it took me 4ever.
Thank you guys for guiding young people

[LooksByNaheemah]

I’m 22, started investing at the start of 2021. With all the turbulence in the stock market I ended making a lot of mistakes but I’m glad that I’m learning from those early on while I’m still young. Because of my age I’m willing to take a lot more risk. Now I’m shifting my strategy to investing more into ETF’s, high yield dividend Aristocrats and kings, as well as trustworthy growth stocks such as Apple. I do t have a FIRE number because I plan on having a business empire but I do want to be a millionaire by 30 yro.

[tobirates]

Keeping a positive mindset just can’t be emphasized enough! Especially now. Thank you for always keeping that focus.

[trillrantzo]

I love you guys and I'm proud to say that at 38 I've found my life partner and were going to be using some of you guys strategy and set goals on the pathway to retiring in 10yrs. Blessings to you both!

[RandomJane]

I'm glad some young people are planning early. I wish I had done better, but at 50 at least I'm ahead of the curve.

Even if very early retirement isn't achieved, it will at least set you up for more financial freedom. You'll be way ahead of the curve.

[stevenponte]

great video and question. I am in my 40s and this really got me thinking! thanks for that

[silviamelendez]

Thank you for your great tips and insight as always! I will make sure to share this with my daughter which is close to the same age as your caller !

[katalinaradi]

Thank you for the video, very helpful ♡

I really wish i could have started at 23 years old, that's awesome! Now a bit old but still on the grind!

[ronnievengua]

Retiring in ur mid 30s . . In the States you’ll need like $3M +

[nthnu]

In the video you mentioned to look at episode 2 of the podcast. Is there a link to it?