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Comments by "donaldlyons17" (@donaldlyons17) on "JRE Clips" channel.
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@AJeazy People got to be kidding many don't make more money the older they get!!! If I am right I think many are at their peak in their 50's but if they always made more they would peak in their 60-70's. Your quote: (And In 30 years investing 20,000 a year at 7% you have over 2 million. 35 years and you're awfully close to 3 million. But It's actually better to do it on a monthly basis at 1667 instead of an annual basis at 20000 you'll get to a million in 21 years instead. And of course how much you make isn't going to stay at 40,000 a year forever. It should go up as time goes on too so you could start investing more than 1667 a month. And honestly the 7% isn't even the best you can do that's just the average. If you're active in the stock market and know what you're doing you can get higher returns than that. I gained 5% in the stock market just in the past month.)
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