Investing 101 - Start Here - How Much Money You Should Save (Amount by Age)

This is how much money you should have at your age and how much money you should save ► My Stock Portfolio: https://www.patreon.com/andreijikh ► Get 2 Free Stocks on WeBull when you deposit $100 (Valued up to $1000): https://act.webull.com/kol-us/share.html?hl=en&inviteCode=QhhB1aDNwEDP ► Try Audible and Get Two Free Audiobooks: https://amzn.to/2ouTHKS ► M1 Finance Roth IRA: https://m1finance.8bxp97.net/c/1980551/696710/10646 ► Stocking Stuffers for the Holidays: https://www.ipo52.com ► ROBINHOOD Invite Code (grab your other free stock): https://robinhood.c3me6x.net/c/1980551/671816/10402 ► How I Make My Videos: https://www.amazon.com/shop/andreijikh ► Music In My Videos: https://www.epidemicsound.com/referral/cr8cqg/ ►Instagram: https://www.instagram.com/andreijikh/ ► http://www.MAJIKH.com Ever wonder how to save money fast, and how much you should have at your age? In this video, I explain some basics on investing for beginners, how much money I have, how to properly pay off debt, and how much to have in savings by retirement age. Financial independence doesn't happen on it's own, it takes decades of saving and investing. For me, I need $500,000 saved and invested (in something like dividend paying stocks) at 4% to generate roughly $20,000 in passive income per year to be considered financially independent or retired. These are some money saving tips to stick to moving in to 2020. Pay off your debts, and let's start saving money! *Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.