Page 71 - Charles Calhoun Book Rich As You Want To Be

$100,000 Income Example

Percent Amount Value after Payout Payout
invested invested forty years per year per
per year per year at 7.5 % month
at
7.5 %
0 percent $0 $0 $0 $0
1 percent $1,000 $990,201 $74,265 $6,189

5 percent $5,000 $4,951,008 $371,325 $30,943
10 $10,000 $9,902,017 $742,651 $61,887
percent

Wow, that’s crazy. Are you saying that a person
could amass $9.9 million and have an income of

$742,651 per year? And that would break down to

$61,887 per month? Per month! That is amazing!
Isn’t it? Can you imagine getting paid $61,887 per

month? Sounds like fun to me! And those are

figures that an ordinary person could actually do.
I mean a person could earn $100,000 per year and

more, especially in a two-income family. And a
person could definitely save or invest $10,000 per

year. In fact, that $10,000 might actually cost only

$6,500 or $7,000 if the $10,000 was invested in a
tax-deductible plan such as a 401(k), 403(b), or

IRA. It could even cost only $5,000 to have $10,000

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