Want to Retire Early? Read This Now...

By Matthew Milner, on Wednesday, August 9, 2017

August vacation and retirement have a lot in common:

Warm, sunny weather…

No rushing around…

Plenty of time to do the things you love.

But there’s one big difference:

A summer vacation might only cost you a few thousand bucks…

But retirement costs a fortune.

Think you’re getting close to having “enough” to retire?

As you’re about to learn, you might be dead wrong.

The True Cost of Retirement

When it comes to finances, everyone’s situation is a little different.

But to make this simple, let’s say retirement lasts 20 to 30 years…

And during that time, let’s assume you’ll need about $5,000 a month to pay for your housing, food, medical bills, and travel.

So here’s the question for you:

When you’re ready to retire, how big a nest egg do you need so it can keep churning out $5,000 per month?

As it turns out, you’ll need about $1 million.

And keep in mind, we’re not talking about living in luxury here…

You need $1 million just so you don’t run out of money.

I don’t know about you, but most folks I talk to every day don’t have $1 million saved up.

In fact, according to a report by the Economic Policy Institute, the average working-age family in the U.S. has just $5,000 stashed away…

And as the report goes on to say, “Nearly half of families have no retirement-account savings at all.”

So what can you do to build a $1 million nest egg?

The Classic Solution: The Stock Market

To prepare for retirement, many investors rely on the stock market. Here’s why:

Hypothetically, if you invest $1,000 a month into the market for the next 30 years…

And the stock market goes up by its historical average of 6% a year…

After 30 years, you’d have $1 million.

Unfortunately, there are a couple of major problems with these hypothetical calculations:

First of all, you might not have 30 years to save and grow your money — retirement might be just around the corner for you.

And secondly, even if the market goes up by 6% a year, that doesn’t mean you earn 6% a year…

You see, after you account for taxes, fees and inflation, that 6% a year gets cut in half… it shrinks to about 3% a year.

That might not sound like a big deal…

But here’s a chart that illustrates the difference between 6% and 3% returns:


As you can see from the red shaded area, after taxes, fees and inflation, your “$1 million nest egg” is worth far less than $1 million…

It’s only worth $450,000!

That’s just half of what you’ll need to retire comfortably.

What’s the Solution?

Thankfully, there are solutions to this problem:

There are proven ways to build your nest egg — and proven ways to ensure you have a steady stream of cash during retirement.

Tomorrow, Wayne will introduce you to some of those solutions.

Most importantly, however, he’ll reveal a powerful wealth-building strategy for future retirees, or for those who are already retired:

It’s a way to start earning anywhere from $4,000 to $12,000 per month…

Even if you have very little money to invest today.

So stay tuned!

Best Regards,
Matthew Milner
Matthew Milner


If you enjoyed this article, subscribe to updates:

Sign-up today and you'll receive our daily insights on early-stage investing, as well as our FREE "Equity Crowdfunding Action Kit" – where you'll learn:

  • The Ins & Outs of Equity Crowdfunding
  • A step-by-step path to get started
  • Tips from dozens of Venture Capitalists
subscribe to updates

Thank you for subscribing!

Tags: Retirement Retirement Savings

Share This:
comments powered by Disqus