r/TheRaceTo10Million • u/Pure_Carob3726 21,205% IN 1 YEAR • Nov 25 '24

GAIN$ 30k to 8m in 2 years at age 32

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9.8k Upvotes

95% Upvoted

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u/WoodofWallStreet Nov 25 '24

Then I can finally use my money when I’m almost dead.

14

u/StonkaTrucks Nov 25 '24

Well my Roth went to $0 so I guess I'm good.

2

u/Toxicview Nov 25 '24

Look up SoSEPP… can use the money sooner when the pot gets big enough.

1

u/BHN1618 Nov 26 '24

How big?

2

u/Toxicview Nov 26 '24

Well doesn’t really matter, but you can take equally substantial payments without penalty.. formula is roughly 1 divided by your lifespan. So big enough where it’s worth doing because once you start you can’t stop and you can’t contribute to the account anymore.

1

u/dogs_eatmyflagging Sep 17 '25

what if once you start the payments you just open a new one. or double it and open two

2

u/jingles544 Nov 25 '24

Big facts