I find this terrifying
73% of people in their 30s have no plan for income beyond their salary.
I think that's terrifying.
Because your paycheck has an expiration date. Whether you choose it or it chooses you - eventually you stop working. But the bills don't.
Most people think "income investing" sounds boring.
Bonds, dividends, yield. The "boomer" thing.
That's exactly why nobody learns it. And exactly why the people who do end up free.
Let me do the math for you:
At 8% per year, your money doubles every 9 years. At 10%, every 7.
This isn't about getting rich on the next AI stock. It's about building income that shows up in your account whether you're at your desk, on a beach, or asleep.
Money that arrives without you working for it.
A second salary that keeps growing while your first one stays flat.
Companies that have paid - and raised - their dividends for 50 years straight, through wars, recessions, and crashes.
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Why are you using numbers like 7% and 10% when the ten year is only yielding circa 4.35%? And most people in America don’t have any money left at the end of the month to invest. Housing prices have doubled. Food prices are far higher due to monopolistic practices. Gas prices are through the roof. Go live with a working family for a month and see how much money they have to live on and I think you’ll understand why they don’t think about investing. They are trying to survive. The way you write comes across as if you think they aren’t smart enough to have goals. I think you are completely out of touch with the majority of Americans.
Individuals are terrible savers for two reasons. First they want things now, and are quite self indulgent as there are messages everywhere that say “you can have it now”Second, they assume the future will take care of itself.
Finally, everyone’s budgets are squeezed now by inflation and far too many worry about paying for necessities. Wages aren’t rising faster than inflation.