return2ozma@lemmy.world to Not The Onion@lemmy.worldEnglish · 7 months agoFinance guru Dave Ramsey slams 'awful' Gen Zers and millennials who live with their parents: 'They suck. They can't buy a house because they don't work'fortune.comexternal-linkmessage-square293fedilinkarrow-up1595arrow-down132
arrow-up1563arrow-down1external-linkFinance guru Dave Ramsey slams 'awful' Gen Zers and millennials who live with their parents: 'They suck. They can't buy a house because they don't work'fortune.comreturn2ozma@lemmy.world to Not The Onion@lemmy.worldEnglish · 7 months agomessage-square293fedilink
minus-squareEatATaco@lemm.eelinkfedilinkEnglisharrow-up3·7 months agoAbout 28000 dollars. Even with a super safe investment that gives you 4%. S&p is like 10% a year. In that case (assuming you lose 1% to the market) you would have 36k. If you do that over 40 years (25 to 65) you have 640k.
About 28000 dollars. Even with a super safe investment that gives you 4%. S&p is like 10% a year. In that case (assuming you lose 1% to the market) you would have 36k.
If you do that over 40 years (25 to 65) you have 640k.