[Johno]

Hi everyone. Im thinking about starting to invest with a long term goal of retiring early.

I have been browsing a few books and the most recent one told me some startling information. It said that if I invested with a 12% return, and took into consideration inflation of about 4 - 6%, I would need to save $500 per week over the next 20 years to end up with $2.4 million. This would give me aprox. $50 000 per year to live on which is my goal.

$500 seems like a hell of a lot of money each week. Is it really worth all the hassle? Am I missing somthing here? Given $50 000 per annum in interest to live on is no small figure either but I would have thought that with compounding interest it would be much easier.

Any thoughts welcome.