So you want to be a billionaire?
It is totally possible to die a billionaire. Set aside $100k today, make 20.23% for 50 years and you will be a billionaire. You don’t have $100k today? Save $10k per year for 50 years and you will amass $638 million. You will cross the billion dollar mark 3 years later.
Based on family history of horrible eating, smoking drinkers that live to their 90s, I will go with a 60 year time frame. With $100k, starting today, in 60 years, at 16.3% you will have ONE BILLION DOLLARS. Something near 16.3% is realistic.
The problem is, you can’t spend any of it until you get there. Do you really need to be a billionaire before you die?
