Hey everyone!
Here's my weekly email recap of all things money – from the stock market to real estate to personal finance – with research and actionable ideas
I'd love for you to join, and it's totally free :)
We asked John Morgan about tiers of wealth. He said you create a financial fortress at $30m invested and a paid off house; this gets you pretty much the same lifestyle as a billionaire but without private jets and yachts.
If you can’t live off $1.2M per year at a 4% withdrawal
JUST IN: Billionaire John Morgan reveals Americans only need $30 million & a fully paid-off house to be financially set for life.
Readers added context
John Morgan was describing his own personal "magic number" for a high-end lifestyle ($30M at 4% for $1.2M/year tax-free plus paid-off house to "live like a sheik"), not claiming Americans only need this amount to be set for life.
x.com/TheICHpodcast/…youtube.com/watch?v=QcmFzU…forbes.com/sites/brandonk…