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Unread 08-22-2008, 10:36 PM
Johno Johno is offline
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Is Investing worth it?

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.
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Unread 08-31-2008, 01:24 AM
sundulhyip sundulhyip is offline
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good luck to you
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