Comments on: Saving Your First $300k Takes Roughly the Same Amount of Time as Saving the Next $700k https://fourpillarfreedom.com/saving-your-first-300k-takes-roughly-the-same-amount-of-time-as-saving-the-next-700k/ Sharing insights on how to grow wealth and gain freedom. Tue, 23 Jul 2019 12:21:28 +0000 hourly 1 https://wordpress.org/?v=6.6.1 By: Zach https://fourpillarfreedom.com/saving-your-first-300k-takes-roughly-the-same-amount-of-time-as-saving-the-next-700k/#comment-26719 Sat, 28 Jul 2018 11:07:32 +0000 https://fourpillarfreedom.com/?p=30927#comment-26719 In reply to Sean @ Frugal Money Man.

The results surprised me as well even as I was calculating them. It’s hard to have a good intuition of how powerful compound interest is until you see the numbers and graphs.

]]> By: Zach https://fourpillarfreedom.com/saving-your-first-300k-takes-roughly-the-same-amount-of-time-as-saving-the-next-700k/#comment-26717 Sat, 28 Jul 2018 11:06:44 +0000 https://fourpillarfreedom.com/?p=30927#comment-26717 In reply to APurpleLife.

Thanks for the kind words! Glad you found this post so helpful and best of luck on reaching that $500k 🙂

]]> By: Sean @ Frugal Money Man https://fourpillarfreedom.com/saving-your-first-300k-takes-roughly-the-same-amount-of-time-as-saving-the-next-700k/#comment-26588 Fri, 27 Jul 2018 18:42:09 +0000 https://fourpillarfreedom.com/?p=30927#comment-26588 I understand compound interest at it’s core, but then you drop results like this and it seems like it’s MAGIC again!

Or maybe it has been magic all along???

Magic or math, all I know is “those who understand it (compound interest) earn, those who don’t, pay it.”

Great post!

]]> By: APurpleLife https://fourpillarfreedom.com/saving-your-first-300k-takes-roughly-the-same-amount-of-time-as-saving-the-next-700k/#comment-26536 Fri, 27 Jul 2018 12:56:48 +0000 https://fourpillarfreedom.com/?p=30927#comment-26536 I feel like you wrote this post for me 🙂 . Just kidding, but seriously this is exactly where I am right now (close to $300k) and I’m looking at the next couple years like they’re an eon. Seeing this analysis and knowing that accumulating the rest of what I need will take a lot less time (I only need $500k) is very comforting. Thank you for another awesome and thought provoking article!

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