There really isn't a better time to invest in the stock market than NOW. This is because of time + compound growth. The more time your money is invested, the more you can use the magic of compound growth to help you grow your wealth.
Understanding your numbers is a big part of becoming work optional. I created this spreadsheet to show you how much you could have invested by 65 (based on your current age and how much you can invest monthly). If you can contribute more than $500/mo then here is a way to figure out your Net Worth at 65. As an example, if you are 36 and you can invest $600 per month, adding up $500 + $100 means you could have $1,030,015 + $206,003 by 65. A total of $1,236,018.
If you are a Wealth Club member, you'll get way more insight using your Ultimate FIRE Wealth Planner (download it from your Bonus Vault in the Club, here).
Hope you've found this Monthly Wealth Talk helpful in your path to financial freedom. If you aren't in The Wealth Club but you want to learn a step by step approach on how to invest for financial freedom, start here.
Be well,
Mahi
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