• 387: Net Worth Of $1.1M - This Is The Golden Age Of Investing

  • Dec 9 2024
  • Length: 42 mins
  • Podcast

387: Net Worth Of $1.1M - This Is The Golden Age Of Investing

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  • Summary

  • Summary

    Ryan, an officer in the National Guard, shares his journey to becoming a millionaire and his plans for retirement. He discusses his net worth, which is currently $1.1 million, and how he achieved it through investments and a pension from the military. His pension could be worth $3-$5 million. Ryan is in his late 30's. He emphasizes the importance of starting to invest early and taking advantage of compounding interest. He also talks about his passion for travel and his plans to pursue entrepreneurial ventures in retirement.

    Takeaways

    *Start investing early and take advantage of compounding interest
    *Consider the benefits of a pension and other retirement accounts
    *Travel can be a worthwhile expense and a rewarding experience
    *Entrepreneurship can provide fulfillment and additional income in retirement
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