It is compulsory to pay off all the credit card debt before you start investing 50k dollars. Before my husband became a Tool Dealer, he was paid good. If you are a crappy tool rep you should clear about $50k a year. But if that $200k is allowing you to make $100k per year more than you otherwise would, it is a huge ROI. You might invest $200k into equipment if you have a dump truck, trailer, bobcat, and digger. think George ought to do anything that would have a tendency to make him sleepier than he always was, as it might be dangerous,He said he didn. datatime: 04:19:46 Author:Qilu Evening News. minimum amount of investment money to make 50k a year. The idea is that, if you're invested in a mix of. You withdraw 4% of your savings in the first year of retirement, followed by 'pay raises' in each subsequent year to account for inflation. For a 30-year old making $50,000 a year and a $1 million retirement savings goal. What to invest in and how much will be dependent on your income, age, risk tolerance, and investment goals.If you will always be living rent and debt free, then you can probably retire earlier than most.

You have to weigh what your expenses will be during retirement. Answer (1 of 6): Congratulations on living rent free, having no debt and earning $50k/yr. 500 a month for food these days is very cheap. Try bumping it to $1k or even $2k for 4 people/month if you're attempting to be healthy at all. Your food bill assumes the family only drinks tap water and somehow feeds themselves off $4.46/day. Throw in a couple of unplanned emergency situations just for kicks. I'm willing to invest 50k at this time but need to know … Press J to jump to the feed. I have been saving money while working for a few years now and have accumulated over 50k. that's still essentially a 25% or 50% return on your investment for. $628 per week, or $32,656 each year for workers ages 20 to 24 $901 per week, or $46,852 per year for workers ages 25 to 34.

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