Is social media lying to you about how easy it is to get rich? Only 1 in 333 people are millionaires by age 40?

[jennifer_bloom]

As well, your chances of making more than 40% a minimum wage salary as a full time author with no other job is 1 in 700, and your chances of making more than a real minimum wage salary from book sales alone is 1 in 4,000.

[NaultD]

The strongest force in the universe is compound intrest. Put $10,000 away into a 401k as early as you can in your working life turns into $2.5 million with zero effort.

Any 401k match from the company turns into a free raise. The 5% to 15% into the 401k is like putting loose change into a jar but it's in a safe stocks market so it's growing faster then inflation. Historically investment double every 7 year.

So starting at $10,000

20,000

40,000

80,000

160,000

360,000

720,000

1,440,000

$2,880,000 from $10,000 at 18 putting minimum effort. I honestly don't think it's enough but better then nothing.

[exitseven]

I am surprised it is even that much but a million dollars is not what it used to be,

[exitseven]

Thanks for the MHO😎

[Xawyx-2]

I suppose they are trying to make people become more optimistic about their chances.

[Iwishiwasasub]

Yes indeed. If it were true. Everyone would be doing it