Wednesday, October 06, 2021

How Much Monthly Savings Needed To Have Passive Income? - In 1 Minute | Ewpple

 


Ewpple | Income For Life

Ewpple - How Much To Save To Get Monthly Passive Income?

If you start @ age 20, you will need to save $324 monthly.
If starting @ age 25, need to save $397 monthly.
If starting @ age 30, need to save $492 monthly.
If starting @ age 35, need to save $620 monthly.
If starting @ age 40, need to save $803 monthly.

Save the monthly amount till age 62 into the ETF portfolio.
You will be able to withdraw inflation-adjusted $1,500 monthly from age 63 to 83.
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