there IS a way to "marry money", but u gotta be

Discussion in 'Finance' started by galant, Nov 23, 2014.

  1. galant

    galant Banned

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    smart, tough, have a gift of gab, and know a lot. It's not big money, (150k perhaps, attained in less than 5 years, no SS or tax on it) but it's enough money that, if you know what to do with it, you can retire on it in 5 years or less, right here in the US. If you are willing to live (really well) in the third world, it can be done in 3 years.

    You can get started with just one year's student loans, actually, if you know what to do with that 18k (which can be had in 9 months, if you start in January.) You also have to have no kids. Sorry about that part. It also helps (a lot) to be male. Sorry about that, too. I didn't set things up the way they are, I just found a way to use what's there. It also helps to be a veteran, but if you just KNOW a veteran (and he or she is trustworthy) that will work.

    By "retire", I mean to have a secure, after tax income of 40k per year, without doing much of anything (other than check on your employees now and then). I mean check on 2-3 of the 6-7 who work for you, and do so once per week. If you can't be bothered to do that, or you want to have more of an income, it will take you 2-4 years longer, depending. Still, even the 9 year variant is retiring very young, assuming that you are starting at age 18 (which you could, but it's unlikely that you'd have what it takes if you are that young). . So figure on it meaning that you're retired at age 30, but somebody who is 60 (and in good health) can do it, too.
     

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