Page 67 - Charles Calhoun Book Rich As You Want To Be

two or three incomes in the family? Many families

do.

This will produce an income of $297,000 per

year or about $24,755 per month. Now ask
yourself, “Could you enjoy your life with an income

of $24,755 per month and with no need to go to

work?” Most people would be fine with those
circumstances. And the best thing is that you can

make that happen.

$40,000 Income Example

Percent Amount Value after Payout Income PER
invested investe forty years per year MONTH at
per year d per at 7.5 7.5 percent
year percent
0 percent $0 $0 $0 $0

1 percent $400 $396,000 $32,000 $2,600

5 percent $2,000 $1,980,403 $148,000 $12,377

10 $4,000 $3,960,806 $297,000 $24,755
percent

Wow, that is pretty amazing! Just by saving
each month, a person can become a millionaire

and a multimillionaire at that. Nice. Once you
understand that, why would anyone not save? One

doesn’t even need a huge income to do this.
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