Retire with $15K a month!?
I'm hoping to retire with $15K a month, and I am now 31, making between $150K-$200K a year. How can I achieve my goal? and how soon? Thanks
Public Comments
- Well - you would have to acquire a minimum if $3 million, to be invested in a series of vehicles with an average of 12% annual return on investment. After taxes and such, you will have about $200,000 a year net earnings. This you will keep in a savings account and draw around $15-16K a month. To get this - you will need to look at opening your own business, developing it, and then eventually selling it for the $3 million +. Having the ability to open and run several businesses, will increase that opportunity.
- I agree with Icujsin71. If you really were making this amount of money a year, then I am pretty sure that you would know how to 'achieve your goal'.
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