critical mass

One of the fun things to think about when it comes to investing is what happens when your assets reach critical mass – the point at which your money is self-sustaining.  Generally that’s when your compounded returns are so large that they could support you if you were to suddenly stop working. Most of the time the goal for retirement is to reach this point and have our finances start to take care of us.  BUT … for fun, let’s consider what would happen if we didn’t. Let’s suppose you had accumulated $1 million dollars by the time you had intended to retire.   But being financially savvy, you decided to work just one extra year.  Now let’s assume that during that “extra year”, your assets grossed another average 10% return, and now … [Read more...] about What Would You Do with $100,000 if You Waited One More Year to Retire?