brought to you by the every dollar app start budgeting for free today today's question comes from

nathan in kentucky i am 14 years old and i was just wondering what is a good way to try and become

to try and become at least a hundred dollar oh oh gosh a hundred million wait a hundred

million a hundred million a hundred million air by the time i

didn't know that was a term already i wasn't sure either uh i was just wondering because i discovered

you guys on tic talk i'll get us george uh and i thought to myself that y'all had good information

and i just wanted to know if it's possible. Thank you for your time.

Wow. I'm doing the math for our friend Nathan here, Rachel. It's not looking good.

A hundred million. Do you want to know what it takes, Rachel? I would actually would love to know.

Okay. It takes, get this, you would have to invest from the age of 14 to the age of 30 and we're going to

assume a 10% rate of return. Sure. Okay. From 14 to 30, you'd have to invest from the age of 14 to the age of 30, and we're going to assume a 10% rate of

return.

Sure.

Okay?

From 14 to 30, you'd have to invest every single month, $220,000.

So there's the true answer, Nathan.

Nathan.

But because now your hope has been stolen from us, let me give you some different advice. Do one million. One million dollars. To get to a million.

Okay. Well, that's... So that would be, that would be what, did you say, $2,000 a month at that point?

$220 grand was for $100 million. Yeah. So if we take it down to $20,000, that's $10 million. That's pretty good. I'm going to go, five grand a month would get you to two. So two million.

Just about 20. Yeah, just about 2,000 bucks a month. Okay. All right. From 14 to 30.

Okay. All right. That's still a lot of money for a 14 year old to be socking away.

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