The Final 5 Questions (Ep. 25)
The Inforium
The Most Important Thing to Building Wealth Is Your Savings Rate
The most important thing toward building wealth is your savings rate. If you put a dollar in the market, and you get that cool seven cent rate of return, you're going to have a 14 bucks at the end of it. Your dollar now buys you like well, it's forty years of inflation,. So it buys you, i don't know, half a box of micanics. And if we can't rember theirexact numbers are, buti goigt go with what i think they were. We save up around 900 thousand dollars, using the four % rule, and buy a cheap house. It's three thousand dollars a month to live off of
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