No video :(

How Much You Need To Invest To Retire A Millionaire (By Age)

Подписаться 824 тыс.

Просмотров 22 тыс.

50% 1

Get up to 10 Free stock via moomoo: j.moomoo.com/0...
Get up to A$50 cash coupon (moomoo AU) : j.moomoo.com/0...
Here's exactly how much you need to invest if you want to retire a millionaire, broken down by age. Follow me on IG @RealJoshuaMayo
► Join the rising wave of successful RU-vidr creators
- Pro RU-vidr: proyoutuber.com/
► FREE STOCKS
- Get 12 free stocks valued up to $30,600 when you open and deposit ANY amount with Webull: joshuamayo.com/...
- Get up to 17 free stocks with moomoo using the link (February 20 - March 31), limited time exclusive, T&C Applys): j.moomoo.com/0...
► HOW I MAKE MY VIDEOS
- All of my equipment: www.amazon.com...
- My music: joshuamayo.com...
- My title effects: joshuamayo.com...
- My graphics + stock footage: joshuamayo.com...
- How I make my thumbnails pop: joshuamayo.com...
► OPEN A ROTH IRA AND START INVESTING
- M1 Finance: joshuamayo.com...
► FOLLOW ME
- Instagram: / realjoshuamayo
*None of this is meant to be construed as investment advice, it's for entertainment purposes only. The links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partner websites. The video is accurate as of the posting date but may not be accurate in the future.

Опубликовано:

20 авг 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 96

@JoshuaMayo 2 года назад

Get up to 10 Free stock via moomoo: j.moomoo.com/00l6Z7 Get up to A$50 cash coupon (moomoo AU) : j.moomoo.com/00l6Zb

@wholickedmydumpling 2 года назад

Everyone’s been complaining about how the markets have been hard to trade. High volatility, choppy price action, massive swings up and down, but when you have a system that works in any markets, INVESTING is not so hard, you are in and out, GRAB your PAYCHECK and DONE!!

@marko4757 2 года назад

I’m 16 and work 30 hours a week at chipotle I get paid bi weekly so I invest 1200 a month and the rest I make I spend wisely. I invest 1200 in S&P 500 every month .

@hannahbradley1584 Год назад

The stock market has been a really tough one this past months, but I watched an interview on CNBC where the anchor ‘Jim Cramer’ kept mentioning "...KARINA MATTIS...". This prompted me to get in touch with her, and from October 2021 till now we have been working together, and I can now boast of $540k in my trading portfolio.

@richardwalker7574 Год назад

I am a beginner and I am hoping to start with $93,000. I hope this is not too small to start with because my dream is to attain my financial goals within a short period of time.

@oliviablake2442 Год назад

Sure you can start with that amount and even less. With a proper financial guidance, you can build a small amount to a larger sum.

@andreclayton8035 Год назад

Seeing the name Karina Mattis made me stop to read your comment. I can attest to the fact that getting in touch with Ms. Karina during the pandemic was how I was able to scale through the crazy stock downtrend and this helped saved my finance

@rileywalter9190 Год назад

I just looked up this person KARINA MATTIS out of curiosity, and surprisingly she seems proficient. I thought this was just some overrated BS, I appreciate this.

@charlottebecker3631 Год назад

That's massive. Can you please connect me with your personal broker, I would love to work with her.

@markhoffman Год назад

You’re good. And I don’t hand out compliments often.

@joshuamayo169Gmail.-. Год назад

Get in touch….❤

@taelok Год назад

dat green screen mic though

@g.mail.joshuamayo169 Год назад

⬆️Directly get in touch..!Thanks❤️!

@Sinikiem Год назад

Your effort is simply amazing!

@g.mail.joshuamayo169 Год назад

⬆️Directly get in touch..!Thanks❤️!

@bcfit2 2 года назад

I’m 21 years old but I invest $1000 a month. I’ll be popping off dawg

@JoshuaMayo 2 года назад

Daaang 😎💪

@mellie1022 2 года назад

I'm trynna get like you. Dang. I'm new to this. Doing my research daily. Etrade, webull, fidelity,etc. I'm trying.

@pjneale Год назад

Hiya. I know this is just a video explaining how time and compounding growth is key to building wealth over the long term. But im abit confused. If someone aged 60 today decided to start investing to have a million at age 65, after inflation they would still be close to that million in terms of spending power. But someone aged 20 shooting for a million at age 65 after factoring in 45 years worth of inflation the 20 year olds million at 65 would buy alot less than the 60 years olds million did when he turned 65. So how can someone aged 20 today really workout how much they need to invest a month to have the spending power of a million in today’s money in 45 years time? Im worried that a million in 45 years wont even buy you a used car and il regret not investing more! 😅

@mohavi 2 года назад

Bro your vfx are insane🔥

@TheDiomio 2 года назад

Damn brah. Sick video quality. I subscribed for that alone. A+ effort.

@JoshuaMayo 2 года назад

Appreciate that!

@KENTUCKY-MAMA 2 года назад

Sorry 2 say check with social security.Retirement age depending what year in1960's ppl were born has gone up to age 67.Thanx 4 bringing this 2 R attention.

@slopjockyjoe 2 года назад

I just ran across your videos and I love how you're to the point, clear, helpful, AND not a douche. THANK YOU. I understand investing monthly, but investing what in? Just VTI, a dividend ETF, or something specific? I'm late to the party on all this.

@NeoM018 2 года назад

Another gem of a vid Mr Mayo, thank you and we appreciate you and your efforts. 🙏🏾🇿🇦❤

@JoshuaMayo 2 года назад

My pleasure!

@dg58942 2 года назад

I've watched a few of Joshua's videos and enjoyed them, even though they were pretty basic. However, this video came across as something he knew little or nothing about. Not even a single mention of a retirement calculator or explanation why he thought he could invest in the stock market and think the growth would mirror that of an interest bearing account / instrument that compounded over time. He invested in VIT no less, so it's not like he was picking a fund that paid particularly high dividends.

@JoshuaMayo 2 года назад

Hey Daniel, the primary purpose of this video was to show how much someone would need to invest every month depending on their age to retire a millionaire. It’s not meant to be a deep dive into anything else other than that. I used a standard 7% return as my example. I chose VTI because it’s one of the most popular ETFs in the world and is a one-size-fits-all investment for most investors. The retirement calculator I used was from Nerdwallet, if you type in nerdwallet compound interest calculator into Google it should pop up. Hope that clears up any confusion.

@ChristineBecker1 2 года назад

Great info thank you!!!

@keithman5000 2 года назад

This dude is killing it. Keep up the great work brother!

@JoshuaMayo 2 года назад

Thanks! Will do!

@AitelhajMustapha 2 года назад

Great content. One of the challenges for non us investors is which broker to use. Been using etoro in the past but it does not cover most ETF and stocks. Second their spread is huge..... Do you have a recommendation? Ps : I am Moroccan

@Whitepbass21 2 года назад

Thanks, Josh! Keep up the GREAT work!

@JoshuaMayo 2 года назад

Thank you!

@EZTravels99 2 года назад

Thank you for keeping me inspired and giving me knowledge to pass on. Appreciate you brotha

@JoshuaMayo 2 года назад

Happy to help!

@SalmaMohamed-tu9sb 2 года назад

Hi thank you for the video I would like to know how much do I need to invest in order for me to retire in 10 years. I want to retire young. I'm 30 years old.

@maromriven6471 2 года назад

Thank you so much for the videos, I really changed my financial habits thanks to you.

@JoshuaMayo 2 года назад

Thank you Marom, that's awesome to hear!

@polie_mh 2 года назад

Nice vid, im late already but still helps. 👍

@JoshuaMayo 2 года назад

Better late than never!

@normidwest1316 2 года назад

good content

@GnomeEU 3 месяца назад

Not realistic at all, because you will not start with a big paying job at 20. Most people finish their studies at 30, before that they eat Ramen Noodles and can barely pay rent or go to the movies, let alone invest. Then you need a few years to get going, maybe you start a business, pay off your student loan, pay off your car payment etc. It takes a long time before you have spare money that you don't need and can invest freely.

@brettnash6402 2 года назад

How long do you have to hold the stocks in moomoo before you can sell an move funds to another brokerage?

@peggyjohnson1848 Год назад

How much is moo moo different than Webull or Robinhood ?

@mbalmer1313 2 года назад

are these total numbers including reinvesting your dividends payouts? thank you

@meganfnley Год назад

Hi. I need clarification. For the monthly investment, is that the amount that you put into purchasing another share of an ETF ? For example, Im 21 so would I use the $282 to purchase another share of let’s say the S&P 500?

@autobotdiva9268 2 года назад

even my little guy has VTI!!!

@akshaydevadiga4704 2 года назад

Thanks

@mulcahy123 Год назад

What website did you use for the retirement calculator?

@g.mail.joshuamayo169 Год назад

⬆️Directly get in touch..!Thanks❤️!

@mulcahy123 Год назад

It says I have two replies, but I can't see them.

@FouadBallan 2 года назад

Thank you for your efforts Joshua.

@JoshuaMayo 2 года назад

My pleasure!

@ronaldomoreira113 2 года назад

What you think about Fundrise Real state investment

@shroud4269 2 года назад

Im assumimg this vid isn't geared for a Roth ira, bc you can only contribute 6k/year lol, also if its in a non tax advantaged account, your capital gains will get taxed, so that 1mil isn't actually 1mil, it's probably 800k or around there

@Chris-wb7wf 2 года назад

great vid

@JoshuaMayo 2 года назад

thank you

@randygan1073 2 года назад

I have a question. For example, what if the 20 year old just put the $145900 into the investments today and dont touch it till retirement. Will he still get a million dollars by retirement without investing more money monthly?

@Artlife0831 2 года назад

What do you think about covered call ETFs?

@inea-fijourney22 2 года назад

damn quality keeps going up and up! this channel will keep exploding! 🔥

@JoshuaMayo 2 года назад

🙏

@AndrewBuzzLightner 2 года назад

Where did the top of your head go at 9:53??

@JoshuaMayo 2 года назад

😂 I had to mask out my mic for that shot and my head went into the masked part. Mistake.

@SpencerJohnsonOfficial 2 года назад

Even small CONSISTENT investments will make you wealthy!! Great video Joshua.

@JoshuaMayo 2 года назад

Absolutely! Thanks Spencer 👌

@TrumpxDaily 2 года назад

Thank you 🙏

@JoshuaMayo 2 года назад

You’re welcome !

@BlacPac211 2 года назад

hey on the chart next to 39 under principal it say 252,036 is it supposed to be 352,036?

@jackgifford4604 2 года назад

What is the calculator called

@JoshuaMayo 2 года назад

www.nerdwallet.com/banking/calculator/compound-interest-calculator

@JoshuaMayo 2 года назад

Nerdwallet's compound interest calculator.

@BreLJ 2 года назад

You know what, thank you! The first 5 minutes alone is golden.

@JoshuaMayo 2 года назад

🙌 Appreciate that!

@MainOneGaming 2 года назад

Should I invest only on the etf or could I buy stocks as well. Would that also increase the rate at which I’ll be able to get to a million or would it stay the same ?

@JoshuaMayo 2 года назад

That’s a great question. Yes, you can invest in other things beyond ETFs. If you wanted to hold both ETFs and individual stocks in your portfolio, that’s totally fine. The one reason I always recommend ETFs is because they take most of the guesswork out of investing. By investing in a diversified ETF, you’ll give your portfolio more exposure to the stock market or various sectors in the stock market, compared to investing in individual stocks. With that being said, buying individual stocks does have its advantages. Imagine if you bought stocks like Tesla and Amazon before they started growing, you would have benefited more in the short-term from owning those stocks compared to owning an ETF that invests in the broad market. And so to answer your question - yes, technically owning individual stocks can increase the rate at which you’ll be able to get to a million. However, it’s not easy. It will require that you do a lot of research into individual stocks and trying to find the unicorns before everybody else. It’s definitely possible, but will take patience and work.

@tolulopeyusuff5549 2 года назад

Thank you Joshua. Your videos are always informative. But I am in Nigeria and I’m unable to apply some of these information. Do you have any suggestion for me?

@giannalomeli2216 2 года назад

Looks like I’m on track ☺️

@JoshuaMayo 2 года назад

Thats awesome!

@indecisive219 2 года назад

Thanks for this. I'm 18 so I'm gonna start investing 200 a month because I have been saving for a while now. good job on the videos\

@InvestingManiac 2 года назад

Great days are ahead young man! You are lucky to have found Joshua at age 18. Remember that your investment journey will always associate with greed and this is why most people can't have consistent return or suddenly burn their finger. Remember to always self- reflect when you are trying anything out from your investment strategy, this is the best way to stay away from what tragedies greed might brings you. Good luck!😊

@broorly2556 2 года назад

I am still here watching... God bless Josh...

@JoshuaMayo 2 года назад

Grateful for you!

@Green21024 2 года назад

Are you invested in Fundrise? if yes can you do a video on that?

@IamSquirrel 2 года назад

He does go over Fundrise in one of his videos. I started putting small amounts of money in it bi-monthly. I consider it my emergency fund account.

@Green21024 2 года назад

@@IamSquirrel do you know which video he talks about it in? thanks

@JoshuaMayo 2 года назад

I use to have maybe 15-20% of my portfolio in real estate using Fundrise, but recently I’ve been putting it into a high yield savings account instead because I’m going to start buying physical real estate. Fundrise is still very legitimate and I would definitely recommend it for anybody not interested in buying physical real estate. I’ll make a dedicated video on it soon!

@Green21024 2 года назад

@@JoshuaMayo ok thanks!

@IamSquirrel 2 года назад

@@Green21024 I will have to look through a few to remember which one. It doesn’t hurt he will make a video! 😎

@Narcis.N 2 года назад

I don t understand why people want to retire somehow, i see myself at 60 doing multiple businesses and be super active and healthy. I can t see mysef retiring and just doing nothing only spending my money. But if you say retiring while earning passive income, then that s better.

@JoshuaMayo 2 года назад

I don't disagree. And I personally want the same. Still earning and even still managing or working on something. I might go crazy if I couldn't keep my mind busy with some kind of work haha, but many people do like the idea of a simple retirement lifestyle.