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Here’s how much money 30-year-olds need to invest every month to become a millionaire

admin by admin
October 15, 2021
in Investing
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Here’s how much money 30-year-olds need to invest every month to become a millionaire

Compared to those who begin investing at age 25, people closer to age 30 will have to contribute a little more money each month in order to reach the same goal by age 65. is most powerful when it has a longer amount of time to grow your money but, still, it’s never too late to start investing — even if you don’t think you have enough money to dutifully invest $370 per month.

A 3% return may be achieved through a conservative portfolio of mostly  whereas a 6% return is a bit more moderate and usually consists of a combination of stocks and bonds. And on the other hand, a 9% return denotes a more aggressive portfolio and can usually be received through a portfolio that’s stock-heavy.

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