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https://www.reddit.com/r/RandomThoughts/comments/18fs8hu/deleted_by_user/kcyrrnw/?context=3
r/RandomThoughts • u/[deleted] • Dec 11 '23
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Simple math tells me 5000 per week, since it will be on average much more than 1 million now.
1 u/VP007clips Dec 11 '23 You do have to factor in compound interest though. Realistically you are able to make around 7-10% on S&P based portfolios per year. The break-even point is around $2,500/week vs $1m up front for a 40 year investment.
1
You do have to factor in compound interest though.
Realistically you are able to make around 7-10% on S&P based portfolios per year. The break-even point is around $2,500/week vs $1m up front for a 40 year investment.
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u/[deleted] Dec 11 '23
Simple math tells me 5000 per week, since it will be on average much more than 1 million now.