884: Friday Q&A: Deductible Car Expenses, Vacation Homes, Cash on Hand, Gold Coins Fraud, Etc.
Radical Personal Finance
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Are You Going to Quit Investing for Retirement?
If we project that money from age 30 to age 35, over 35 years, we grow it at seven % per year. You would potentially be, under those assumptions, you would have about three point two million dollars in your retirement accounts at age 65. That's probably more or less enough to make you financially independent. So five years invested at this stage of your life can buy you freedom for the rest of your life. Genuinelyyes, that's pretty powerful.
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