MI257: Is it Possible to Retire Early? w/ Tyler Wright
The Intrinsic Value Podcast - The Investor’s Podcast Network
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How Much Does That Mean Per Month?
If you were 22 right now, that means you could basically take that path and invest in index funds and be able to retire at 42. You've just cut off 23 years off the typical retirement of 65 or older. So if we were to invest $3,000 a month for 20 years, that would give us $1.6 million at an average 8% per year return. That wouldn't be enough to retire, right? You'd have to keep going. The number I actually used down here at the bottom is 1.6 million. It's 99.9% that you won't run out of money over the course of that time.
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