Build a $1B Legacy: Retire $5,000/month : Start with $15/Day

Hi, I am Mr. Idiot and I help people visualize their 'Financial Future' to inspire them for baby steps.

Who is the intended audience for this blog? Primary Audience : 23-30 years old looking to plan for their financial independence and building legacy plan

What is in this blog? This blog will help you to visualize the impact of investing $15/Day , then withdraw $5,000/month at retirement.

Visualization Created for Jim : Jim is 24 years old boy started working in a company. i) If he invest $15/day (with 3% yearly increment) from the age of 25 till the age of 60. ii) then retire and start withdrawing $5,000/month with 3% increment till the age of 100. What will be his balance by age and what will be his balance at the age of 100?

With 11.03% return, Jim or Jim's family would have $122 millions+ and with 14.56% return it will be $1 Billion dollars+ when Jim will be celebrating his 100th birthday.

The above table is the projection of the balance by the age considering different lifetime return percentage of four (4) Fidelity Funds which are in existence for more than 30 years.

I hope this was helpful for you to visualize it . A systematic investment and systematic withdrawal method can not only support you in retirement, but also will help to leave a huge financial legacy beyond your life.

Call To Action : Open your brokerage account and start investing at little as $15/day to secure your financial future.

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Thank you and keep building your legacy through Generational Wealth! Take care and don't forget to enjoy the journey and take care of your health.

Note : Please note that the calculations are estimates based on certain assumptions, such as variable annual returns. This blog post is intended to illustrate the potential long-term benefits of consistent saving and investing, not to provide specific financial advice. The information presented on this blog, including any visualizations or projections based on historical data, should not be considered financial advice. Investing involves inherent risks, and the value of investments can fluctuate significantly.