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300: Finance Friday: How to Avoid the “Middle Class Trap” When Building Wealth
BiggerPockets Money Podcast
Is There a Match Programme?
The rule of 72 says that, on average, your stock holdings will double approximately every seven to eight years. We have been seeing outsized returns. You may not see quite this much but you might see a lot more in the entire stock market. At age 54 is when it gets really fun. One point nine million dollars at age 54. At age 61, three point nine million and at age 68, seven point nine million. And that's just an average return. But right now, according to the rule of 72, and past performance is not indicative of future gain, we're looking at about 10%. So even if you don't get allos returns, that return profile, that
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