How can you give your grandchildren $50 million? https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤔" title="Denkendes Gesicht" aria-label="Emoji: Denkendes Gesicht">

This is an example https://abs.twimg.com/emoji/v2/... draggable="false" alt="⬇️" title="Pfeil nach unten" aria-label="Emoji: Pfeil nach unten">

1. You’re 30 yrs old & invest $500 a month @8% until you’re 65.

At 65 you have $1,078,703.

2. Don’t sell your stocks at retirement, live off the dividends instead. (5% of $1,078,703 = $53,935.15)

3. Your portfolio grows at a lower % (~4%) because you’re not reinvesting dividends.

4. By the age of 85, your stocks are worth $2,363,571.

5. Your children inherit the stocks & leave the money to grow with DRIPs https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔄" title="Pfeile abwärts und aufwärts in offenem Kreis gegen den Uhrzeigersinn" aria-label="Emoji: Pfeile abwärts und aufwärts in offenem Kreis gegen den Uhrzeigersinn">

6. How much can your grandchildren inherit https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤔" title="Denkendes Gesicht" aria-label="Emoji: Denkendes Gesicht">

7. Let’s say your grandchildren were born when you passed & inherited the $2,363,571 at birth

8. $2,363,571 @8% per year for 40 years grows into $51,347,449

9. That’s how generational wealth is built & kept https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤫" title="Schh!-Gesicht" aria-label="Emoji: Schh!-Gesicht">

10. Generational wealth requires planning & educating your family.

If you invested $5,000 a month or $50,000 a month, the numbers would be https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤯" title="Explodierender Kopf" aria-label="Emoji: Explodierender Kopf">

Earning an extra $500 a month is easy once you have multiple income streams.

Keep increasing your income & invest as much as possible.