How much do I need to live?

in #money6 hours ago

I read this book (summary) last week and the main question, what remained in me, was the authors question about how much I need to live. It is not a question about how much I want to earn to live from month to month, but how much do I need to generate in passive income from my investments in order to live from those instead of living from my daily job.

_4fc32c55-403d-4f27-9410-1e7157cc1928.jpeg

Of course, this is not something I am supposed to reach within a few months or years, but after many, many years in which I set aside a certain amount of my monthly wage and pour it into investments, those investments should hopefully be good enough to provide me with a steady income stream as they grow in value, and the money I place into the investment continuously grow.

So, that means... what do I need to invest in to get a continuous growth and make sure that it will bring me more value in the future? And how much do I need to say... this is good?

Those are question you might want to ask yourself as well!