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Comment: Can you save $4,000 per year

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Can you save $4,000 per year

Can you save $4,000 per year during your working life?
That should be reasonable. Just live within your means.
If you invest $40,000 per year for your working life of 40 years at 6% (easily doable),you will end up with $656,000. Perhaps not the $1.5 million you desire, but sufficient.
Now, if you continue earning 6% interest on that $656,000 then you will be able to take out $45,000 for 30 years.
Please do some learning about compound interest.

Is it perfectly safe? No. Nothing is perfectly safe. If you want to be safe, then suffer living on $21,800 per year instead of $45,000.

And if you are too stupid to plan for your own future, then plan on working until you die. Or, have your kids take care of you. They do owe it to you anyway as you took care of them.

Grow up, and accept responsibility for yourself.

“If ever a time should come, when vain and aspiring men shall possess the highest seats in Government, our country will stand in need of its experienced patriots to prevent its ruin.”