The Death of Millionaire Status: How Much You Really Need to be Rich
Money Guy Show
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How Much Do You Need to Save to Maintain a Rich Lifestyle?
For a 20 year old to save 2.2 million dollars today, you need to be saving about $800 a month for a 25 year old, that'd be about $1,300 a month. For a 29 year old, it's a little over $1,900 a month. And just to ground the number, I like people because we're math nerds, we love it too. So these are not small sums of money. But I think it's to be intellectually clear and transparent. 183% of what the typical median household. Definitely financial mutant territory.
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