
09-27-2025, 12:11 PM
|
Gold member
|
Join Date: Mar 2023
Posts: 1,264
Thanks: 93
Thanked 1,561 Times in 618 Posts
|
|
Quote:
Originally Posted by PersonOfInterest
If you earn 250k per year for 20 years or 167k per year for 30 years you will have earned the 5 million for your American dream. With earnings from sales of real estate and possible income from sale of a business it seems like something that can be acheived.
|
Quote:
Originally Posted by OrangeBlossomBaby
That's assuming you spend $0 on things such as food, clothing, shelter, utilities, cellular service, transportation, property tax, income tax, or anything else.
I mean I suppose you can do that, if you have someone else to pay all your bills and buy you all your needs for 20 years.
|
If you can't live the dream on a quarter mil per year, you have a spending problem, not an income problem.
Go read The Millionaire Next Door by Thomas Stanley
|