Are You Going to Retire in Five Years?

If you think about something that you're spending a dollar for to day, it's going to cost you a dollar 81 or a dollar 80 onesoye ye, you 20 years. If you want to retire in five years, assume a three % inflation rate, you need 90 thousand dollars. A lot of times people are ten or 20 years outd and they see they need a million bucks, and they only got 250 thousand. But the power of compounding money, like, like just the rule of 72,. Means you take 68 & divide it by a number of years, and that's the return that you get over 10 years. And your investment becomes double if you work hard enough