Why a million dollars yearly is not enough. A million bucks is a lot of money and you might think, that’s all you need a year. Unfortunately, in this video, I’m going to show you why a million dollars a year is just not quite enough.
I remember as a kid, I thought, if you had a million dollars, you’d just be set forever. You could have anything you wanted like cars, boats, planes, big houses, and all these things. As you get older, you start to realize what a million bucks are, and even though it sounds like a lot of money, it really isn’t. There are a couple of ways of looking at this.
❓Do you have a million dollars a year in just net income coming in? ❓Do you have a million dollars a year in sales in your business?
Those are two vastly different things. If you’re thinking about retirement, that’s another angle. Are a million dollars enough to retire? I want to cover all three of those things in this video and let you know where you stand.
✅01:42 – IF YOU HAVE A BUSINESS AND YOUR SALES ARE MILLION DOLLARS A YEAR ARE YOU SET? ✅03:30 – WHAT DOES IT COST THE AVERAGE AMERICAN TO RETIRE? ✅06:12 – WHEN YOU PLAN ON RETIRING, IT HAS A DRASTIC EFFECT ON HOW MUCH YOU NEED TO SAVE AND YOU NEED TO HAVE ✅09:41 – GET STARTED ✅11:53 – WHY YOU’RE DOING IT?
It doesn’t matter what age you are. You can start making money because time’s gonna pass anyhow. You might as well do something with it.
Now, after watching this video, I want to see your comments below. What do you think of a million bucks? Do you think a million dollars is enough? Have you started saving? I’ll appreciate your input about this. Also, if you have any questions, please leave a comment below and I will answer all of it.