Sunday, June 19, 2022

What Is The Right Way To Save For Retirement With Crypto Index Funds? | Ewpple

 

Ewpple | Income For Life

Ewpple - What is the right way to save for retirement with crypto index funds?

“It’s not how much money you make, but how much money you keep and how hard it works for you.” - Robert Kiyosaki

  • The retirement savings must be sufficient to last until 90 years of age.
  • Depending on your starting age, you will need to save $345 monthly if starting at 30, $552 if starting at 40, $1,025 if starting at 50, and $3,327 if starting at 60.
  • Invest in a fund that provides long-term consistent returns, such as Ewpple DeFi Crypto Index Fund, EWD.
Conclusions
It is cheaper to start early.
  • Compared to 60 years old ($3,327), 30 year old save $345 a month.
You gain more if you start early.
  • A 30-year-old can withdraw $1.05M (727% gain) compared to a 60-year-old who can withdraw $498K (250%).
  • The longer you save, the more time your money has to grow.
It's never too late, you can start at any age.
  • It is still possible to gain 215% ($205K deposit vs $440K withdrawal) by depositing a lump sum @ 65 years old.
  • Your retirement funds will last longer if you do this.

Ewpple DeFi Crypto Index Fund (EWD) remains unchanged.
The benchmark index fell by -33%.
Benchmark index = S&P Cryptocurrency MegaCap Index (SPCMC) 50% & Decentralized Finance Index (DEFX) 50%

Contact me if you are interested in building a sufficient retirement fund.

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