@knightfinance: #urbanfinanciallteracy #retirementplanning #helpingpeople #blackwealth #latinowealth

bruck053
bruck053
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Thursday 09 October 2025 11:13:54 GMT
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eranchik99
timetraveller :
The person who saves $1 million probably had an upper class salary but it would only provide money for a middle-class existence something you would need to get used to
2025-10-09 22:37:28
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phillip321
Phillip Russell :
you don't need a million to retire. Just buy 100k-200k worth of yieldmax dividend etfs and you can retire early with the income that would produce
2025-10-09 17:41:36
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drew75774
Drew :
Correct it depends on on your lifestyle. Some people it good, other has a high lifestyle
2025-10-11 13:55:49
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gretaking2
Greta King562 :
I think if you're moving abroad, absolutely! More than enough! If you're moving abroad, you may not even need a million with social security.
2025-10-09 12:23:02
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mr_m_teaches_math
Mr. M :
4% rule will usually leave you w more money than you started even for 30 years. I plan to take 6% a year. Hopefully it’ll be at $0 when I die in 30 yrs.
2025-10-09 13:20:39
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faithdaniellemd
Faith Danielle MD :
I feel like it depends on your lifestyle at the end of the day
2025-10-09 12:22:38
5
gembean1
Gem💎Bean :
I don’t believe it is! 1M for the rest of your life! Gotta have more saved up nowadays and I’m 37!!!😳😳😳
2025-10-09 12:18:16
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1804ht
1804HT :
You can retired with 500k in the Caribbean if you invest correctly.
2025-10-09 12:45:44
1
gregorywalker349
gregorywalker349 :
Only if you have a pension, a good one
2025-10-09 18:38:15
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sjames916
SJames :
$5M is my retirement number. At bare minimum, I can put that in an HYSA or Fidelity brokerage and earn 4% a month off that. There’s $200k a year right there with principal untouched.
2025-10-10 01:53:26
2
jollyrogers78
Roy Rogers :
No not even close
2025-10-09 18:58:09
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gd255101
user5573162426091 :
No debt is key, and it also depends on the type of returns you can achieve. Would be hard in the United States.
2025-10-09 12:49:27
1
83.charlie.83
Charlie83 :
No
2025-10-10 03:03:50
0
eranchik99
timetraveller :
dont forget you're assuming that the million dollars is going to stay static, what you don't take out of $1 million keeps on compounding
2025-10-09 22:44:59
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kylin803
Niecey 2022!! :
It really depends on how your lifestyle is like you said if your personal travels eat out a lot and likes to enjoy life $1 million is not gonna cut it but if you live a low-key life and still work on a budget, it could be it depends and I think it depends on the state where you live a big part I live in New York City and I already knowI’m trying to max out what’s coming out my check towards the TDA because I cannot retire in New York
2025-10-10 20:05:51
1
chrissyp2021
ChrissyP :
No…. A paid off house and car to start. A regular income coming in and a way to get reasonable or free medical care. Then 3-4k a month for incidentals. That’s my plan…. Retirement planned at 58 or 60 depending on kids college! Teacher ret. Veteran ret, inherited house/property, Native American free healthcare & veterans healthcare. SS at 65ish my plan…
2025-10-09 13:10:36
1
user31088556
Teacher retiring In 8 months :
Nope. Only if you have a pension to go along with it
2025-10-09 14:42:46
1
blue.collar.money
Blue Collar Money :
Yes, the problem is investors, unwilling to invest 80% of the portfolio in single stocks. The money is made in single stocks ETF mutual funds will have you a slave for 20 to 30 years of your life. And before someone says there’s no single stocks in your 401(k), only invest to get the match in your 401(k), the rest your Roth IRA and brokerage account.
2025-10-09 20:41:16
1
ericbjohnson
ericbjohnson :
Yes When you have 3 Federal pensions a 401k and a brokerage accounts😉
2025-10-09 17:39:32
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