If I Were 40 and Wanted To Invest From Scratch Again

**TYPO** I meant to say $2,000/month not $2,000 total. Sorry!

Comment “INVEST” or tag a friend, and I’ll send you an invite to my next Master Class! 🙂💸

If I were starting fresh at 40, here’s how I’d build my wealth:

1. Open a Roth IRA and a Taxable Brokerage Account.
2. Set up a recurring monthly deposit of $583.
3. Invest in S&P funds and let your money grow over time.

It’s never too late to begin your investing journey. The earlier you start, the more you can benefit from compound interest.
-Steve

Follow @calltoleap for investing videos!

Follow me @calltoleap to learn more things like this about money!

@calltoleap

@calltoleap

@calltoleap

Make sure you check out my next beginners investing Master Class on September 3rd at 5:30 PM PT the link to sign up is in my bio! 🔥

What’s your current investing strategy? Share your tips with others in the comments below!👇

#money #investing #finance #personalfinance #rothira

[xyphire]

In all honesty; this is amazing advice. If anyone has the ability to do so, they should.

[brice]

Just causally put in 480, 000 of your own money over the course of 20 years

[zarinahzarif]

Love your shorts! They make investing easy and less intimidating. Im opening these accounts by my 40th birthday this month. First time investor. Not retirement saved.

[matthewshelton]

Not sure if this was a mistake or not, but you would not have 1 million after 20 years if you invested $583 per month (which is what everyone is saying in chat). The website he used shows that he invested $2000 per month into a single account to get the results at the end of the video.

[john.masterson]

But how would it be affected by inflation?

Says SPY shows VOO at the end, which one did you use in the return calculation? The expense ratio of SPY is 3X more then VOO that will make a substantial difference in your return.
Further more both these funds pay a measly 1% dividend which should be reinvested

[TurboShred]

This strategy doesnt consider inflation increases over 20yrs.

Bitcoin has done better over the last decade and will certainly do better than this strategy over the next 20yrs.

[Jintrepreneur]

I already have close to a million dollars and want to increase that amount over time.

Would you do the same thing as this video or do you have any other strategies that are more effective for that level?

[armygreenfj]

Are you talking about a Roth IRA and an Individual account? So $583 in a Roth IRA and $1417 in an individual brokerage account a month?

[aleaseturner]

Can you explain how to retire early? Waiting until 59 seems crazy

[toastedcoffee]

Is there something equivalent for Canadians?

[janrodriguez]

I’ve got a 401k with 6% match with my company and a Roth IRA I opened a few months ago. The last few years the 401k has had pretty good returns and I put 15% there and just $100 into the Roth every paycheck. Should I be doing things differently?

[Cvs-omhd]

I am 58 can is it to late for me to invest and get a good return

[AliciatheCho]

Any thoughts on opening multiple IRA Roths accounts? Is there any benefit?

[BlkOMNI]

Where did the $2000 dollar figure come into play? And over what period is that being added to the account?

[Charlie-pziv]

Its a loss after you account for inflation. 😮😢

[jc]

what happends if your starting at 300K at 45? Can you make a video on that how much I will end with at 65?

[worldtraveler]

All S&P 500 or would you use the taxable brokerage account for S&P 500 and Roth for high yield dividend ETFs or max out S&P 500 in both?

[alishahalishah]

Bro it's worldwide or only in America

[Alhiajimenez]

$580 per month for 20 years in the SPY will total about $418, 000. Where is he getting one million?