How can I retire in 4 years with a passive income of 12k per month?
Good question.
12K per month is 144K per year. Let’s say you can obtain a 10% rate of return on average. So you would need to determine the amount of capital you require: 144,000/0.10 = 1,444,000. This neglects your marginal tax rate but you can go back and factor that in.
So, it should not take you 4 years, if you have 1,444,000 you should be able to in 30 days achieve that goal. Or, if you don’t have the money, then figure out how long it will take you to earn 1,444,000 and then compare it to the 4 year goal to see how much per year you need to earn.
If you would like to learn more and want to receive a free guide on how to earn higher returns, please contact me at benjaminzmiller.com.
I hope that helps and good luck with your investing!
Benjamin Z Miller
www.benjaminzmiller.com
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