3min chapter

The Alchemy of Money cover image

Nick Maggiulli: Just Keep Buying

The Alchemy of Money

CHAPTER

Is Your Expected Income Going Down?

Honce: I think people intutively get it. Every time you do four % rule o save a million bucks, you're taken four or to grand out a year for 30 er yore straight. And so you're basically building this financial version of yourself, r right? A financial asset that's you, that just pays you from your resources you've accumulated over the years. You're kind of taking your human capital, your labor and all that when you're young, and you're kind of converted into financial resources,. later in life, that's paying you, right? That one chart is the same invest continuum over entire lifetime, happening, right? Right? At some point

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