You’re 28 Minutes Away From Never Being Broke Again | Ep 946
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Your money goals are too small, and I will prove it to you. My name is Alex Schamozi. I own a portfolio of companies at acquisition.com that generates over $250 million per year in revenue. I did a book launch 12 weeks ago that did $106 million in a weekend and I broke a Guinness World Record for the fastest selling nonfiction book of all time. So in this video, I'm going to explain how you need to rethink your income, your investments, and savings goals and timelines.
And so here's the problem. A lot of financial gurus, even people on this platform, right, and I have no no shade. Right, we'll tell you to save $100 a month and they'll tell you that if you do that from the time you're 18 until the time you retire at 67, you'll retire with a million bucks at a 9% compounding rate. And that all sounds great until you realize that when you're 67, that $1 million is gonna only be worth $170,000. So why is that?
So just one dollar in 1975, right, 50 years ago, has today's equivalent purchasing power. of $6.02. That's a 6x difference in 50 years. The main reason, inflation, the dollar. They don't make them like they used to, right?
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