How Much Income Do You Need to Be Considered Rich? (By Age!)

In this episode of The Personal Finance Podcast, we’re going to talk about how much income you need to be considered rich by age. Here is Nick Magiulli's awesome blog post. Join Our Newsletter here! Learn to Invest with Index Fund Pro! Our complete step-by-step guide to investing! https://mastermoney.co/index-fund-pro/ Thanks to Our Amazing Sponsors!:  Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn’t affect your credit score. Get started at chime.com/pfp. Thanks to Ka’Chava For Sponsoring the show! Go to kachava.com/pfp and get 10% off on your first order.  Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at shopify.com/pfp Policygenius: This is where I got my term life insurance. Policygenius made is so easy. To get your term policy go to policygenius.com and make sure your loved ones are safe. Checklist of relevant episodes:  11 Unpopular Opinions That Will Make You Very Rich Rich vs Wealthy (The Life Changing Mindset Shift) How to Get Rich Buying Boring Businesses With Codie Sanchez How to Set Money Goals You Will Actually Achieve (The Best Money Goals to Build Wealth This Year) How to Become a True Millionaire (and Build Generational Wealth!) Growing Net Worth Vs Growing Income: Which Should You Focus on? From 100K in Debt to Building Generational Wealth as a Couple with Josh and Ali (The FI Couple) How to Build Massive Wealth for Your Children (This went Viral!) Personal Finance Youtube Channel https://www.youtube.com/@thepersonalfinancepodcast  FREE GUIDES: ============== - Free Ebooks here: https://mastermoney.co/resources/  -Check out the free guide on where to put your money in what order!  https://www.mastermoney.co/stairway-to-wealth   -Here is the free How to Ask for A Raise ebook! https://www.mastermoney.co/get-a-raise-ebook   -Get Access to the 75-Day Challenge: https://www.mastermoney.co/75daychallenge    =============   We have a YOUTUBE channel! Check it out here!    Our Latest Videos:  How To Grow A Podcast Organically What Would Happen If You Maxed Out Your Roth IRA By Age?! (These Results Will Amaze You!) How to Become a Millionaire With a Small Amount of Money (Is it Really This Easy!?) Pre-tax moves for high earners   Got questions? Ask me on Instagram Here. @mastermoneyco This is the fastest way to get in touch with me.  ============   Want to Support the Show? Follow on Spotify or Follow and Leave a 5-Star Review on Apple Podcasts!   ============   Check out all the Stuff I Recommend!  Check out all my favorite Credit Cards https://milevalue.com/top-offers-mastermoney/    USEFUL RESOURCES: The Year-End Money Checklist https://mastermoney.co/year-end-money-checklist/   The 75 Day Money Challenge https://mastermoney.co/75-day-challenge/  Finally, Get That Raise https://mastermoney.co/resources/  ============     DISCLAIMER: I am not a financial adviser. This Podcast is for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am sharing my opinion.    AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.   ============     Check us out on social fam!    Twitter   Tiktok   www.thepersonalfinancepodcast.com   www.mastermoney.co Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices