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RE: The 4% Retirement Rule and How it Works
SHHHH dont spoil my upcoming article :) Seriously though, this is the point, the key is to take out just a bit automatically from each paycheck and throw it into the market and watch as it soars in value while you do nothing. Half the time its money you would blow on something stupid anyway. Simply investing small amounts of money in index funds and the whole market over time you can retire with a million dollars. Patience is key.
I agree. Doing the same right now, investing it in a low cost index fund, now waiting to let it compound. It's so simple, but efficient. People sometimes overcomplicate investing in the stock market.