• jqubed@lemmy.world
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    1 day ago

    I realized a few years ago that most Americans will earn at least $1 million during their working lives. Even if they’re “only” making $30k/year that will get them to $1 million in a little over 33 years. They’ll probably never have much in their bank account, but they’ll have earned that much at some point by the time they retire.

    • Lemming6969@lemmy.world
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      17 hours ago

      Can save 1m at 500/month with historically decent/good returns and 750/month with bad returns in 30 years.