ilmscore | $10,000 Passive Income From Roth IRAs

$10,000 Passive Income From Roth IRAs

Published: 2024-05-03

Status: Analyzed

Predictions from this Video

Total: 3

Correct: 1

Incorrect: 1

Pending: 1

Prediction

Topic

Status

The speaker predicts their Roth IRA, funded with $500-600 monthly into S&P 500 funds, will grow to approximately $1.1 million in 30 years.

"in 30 years I'll have around $1.1 million"

Pending

The speaker predicts generating about $16,000 in annual dividends from a $1.1 million retirement portfolio.

"or get around $166,000 of dividends each year"

Incorrect

The speaker predicts withdrawing approximately $46,000 per year from a $1.1 million retirement portfolio using the 4% rule.

"or get around $46,000 a year"

Correct