5min chapter

Maven Money Personal Finance Podcast cover image

275 - Megasode - The Greatest Hits

Maven Money Personal Finance Podcast

CHAPTER

The Zero to X K Challenge for You

The zero to X K challenge for you should be four times your take home income. So if you earn 300 K, I'm starting on a punchy number. If you earn 130,000 gross, you take home 80,000. You need to save 680 K. Compounding becomes very important from six to seven figures. However, during that time, you should expect a minus 50%, at least a minus 50%.If you're a grown up investor and invested 100% in global equity is the great businesses of the world. It's the friend of the financial robot. We smile at these deep declines. As I did with the recent minus 40% in the great panic of 2020,.

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