A wise man.
Zoomers, listen
What the fuck are you going to do with enough money to buy a used Toyota when you're 65 in 2064? And don't say buy a used Toyota!
You're in college from 18-21, and then once you graduate you have student loans eating up what you make, not to mention rent.
Step 1: Don't be a burger
some rich chink on youtube once said you don't become wealthy by obsessing about saving, that is what poor people do. you become rich by doing.
>65
heheheh
Step 2: Don't listen to chinks
Let's do some math.
65 - 20 = 45 years
1 million / 45 = 22,222 per year
This is the 10%, so 10x this is 222k that you need to be making per year. This is after taxes, of course. So Kevin Oleary assumes that the average 20 year old kid has a job with somewhere around a 350k before tax salary.
Oh yeah, I can't wait to spend my millions when I'm old and cant even leave the house
You shouldn't let those 10% lie in cash under your mattress you brainlet. Put them into something with dividends and after 45 years they'll grow substantially.