You heard it here first, kids! In a day of foolishness, I plugged into the savings calculator how much I would need to save a month to reach 1 million dollars in a year... with my current return rate of 12%....I got just about 5k/mon. What...that's only 60k a year...surely I can do that right??
Well I didn't want to go back to aggressive savings; although 1 part of me was thinking, if I could somehow save all my gross salary and live off another fantasy job, I could pull this off. So yes, if by some twist of market returns, I can maintain my current returns, I could quite possible reach my BIG AUDACIOUS GOAL in 1 year.
Wowzers!
Without really changing anything I'm doing now, I could save 60k by this time next year! Wow.
But as a very nice consolation prize, I could do nothing and still reach the BIG AUDACIOUS GOAL in 2 years. So, there goes what happens in case of job loss.
It's a pretty sweet spot that I literally never dreamed could happen (see original sad projections).
So still knowing how close and amazing this is, I'm quite impatient. Humans!
I'm also veryyyyyyyyyyyyyyy happy!!!!
For now, I want to keep this to myself. I'm only publicly talking about retiring in 2 years. And even then I go back and forth. But I think part of it is to keep me motivated.
But yeah, even if I reach this super stretch goal next year, I think I'd keep working if my job allowed it - meaning, if it didn't get super annoying and I rage quit.
I can do this!!!
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