facebookListened to Dave Ramsey, he said if you invest $100/mth from 25, you will be a millionaire in your 60s. I am investing 2k/month so does that mean i can reach it sooner? Is this true?? - Seedly

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Anonymous

28 Nov 2024

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General Investing

Listened to Dave Ramsey, he said if you invest $100/mth from 25, you will be a millionaire in your 60s. I am investing 2k/month so does that mean i can reach it sooner? Is this true??

For context, i am investing in growth stocks/etf, bonds.

Discussion (25)

What are your thoughts?

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I think it is possible. Invest in what you are comfortable with.

Karen

05 Jan 2025

Sharing Referrals at https://t.me/SgRefs

Depends on your annual return, do you think it is sustainable?

Cryotosensei

06 Dec 2024

Blogger at diaperfinancingfund.blogspot.com

Congratulations on having the discipline to set aside so much money for investing every month!

No. Not unless you inflate your monthly savings in accordance with inflation. If you average a reali...

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