58. “If we want to retire, we’d have to live on $36k”
Money For Couples with Ramit Sethi
00:00
Are You Spending a Lot of Money?
In his new book, The Richest Man in the World, Rick Steves offers advice on how to grow your money. He says you don't have enough to invest and save at the rate you need to. You've got 200 thousand dollars invested, ok. How much are you contribting total per year to your investments? 13, five, great. And what age do we want to do this until you want to see what happens in ten years? 65, 65, ok, great. So by the age of 65, you've turned that into 914 thousand dollars. Ok. Here's my question for you: Does this number mean anything to you?
Transcript
Play full episode
