How Much Do I Need To Invest To Make $10,000 A Month I Get my Wealth Building eBook
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Wealth coach Camille Gaines how much you need to invest to invest to make $10,000 in investment income. After being inspired by a wealth coaching client recently asking “How much do I need to invest to make $10,000 a month in income?” they explored several options based on her net worth and chosen level of risk.
To see how much you need to invest to make $10,000 in monthly income, or any other amount, simply multiply the desired monthly income by 12, and then divide the result by the expected investment yield.
For example, $10,000 monthly income is $120,000 income a year. If the expected yield is 6%, you need to invest $2,000,000 to make $10,000 a month in investment income.
As you can see, the amount you need to invest to generate a desired amount of income depends on one major variable: investment yield.
This means the more you increase investment yield the less you need to save to retire.
Call me a nerd, but I’m excited to make this video because this is the core principle at Retire Certain at a time when investors feel victim to years of low interest rates, low stock yields and possibly not having saved enough money for retirement.
In this video, we explore different ways to invest to make $10,000 a month from investment income, first with stocks and bonds, and then with alternative income sources.
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This is financial education only and is not to be taken as personal financial advice since everyone’s situation is different. Learn personal finance and investing basics so you can embrace and lead your wealth with confidence!
Camille Gaines
Financial Coach
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I really appreciate you watching. Thank you:)
All the Best,
Camille
#RetireCertain
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