611

simple rule (lemmy.world)

submitted 10 months ago by Stamets@lemmy.world to c/196@lemmy.blahaj.zone

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[-] lustyargonian@lemm.ee 29 points 10 months ago

How to become a millionaire in two steps:

Step 1: save 10k every year.
Step 2: do this for 100 years.

[-] alehc@slrpnk.net 12 points 10 months ago* (last edited 10 months ago)

Cool! Now I just need a way to live 100 years per year and I'll be a billionaire in no time! And they say hard work doesn't pay off anymore...

[-] MNByChoice@midwest.social 5 points 10 months ago

If the money is invested and gets an 8% return, then only 28.5 years.

this post was submitted on 09 Jan 2024

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