He wants to grow $10 million in today's dollars to $20 million in today's dollars. To me, this means he wants to double his money in real terms, not nominal.Real estate isn't a fixed asset.Seeking advise on how to grow this to $ 20 MM (in todays dollars) in 20-25 year timeframe..desire to leave this as legacy for progeny. Hold~ $7 MM in invested/investable assets and ~$ 3 MM in fixed assets (real estate mainly). No debt. Live modestly. Current living expenses taken care of fully by job salary until such time SS kicks in. Willing to tolerate only moderate/mild risk and not seeking questionable, novel or risky investments/methods. Thanks so much in advance in anticipation of your replies/advise.
And growing $10 million to $20 million in 20-25 years is child's play. You only need a return of 2.81%
=RATE(25,0,-10000000,20000000) = 2.81%.
You could do that with cash and maybe even whole life insurance. You could buy a single 25 year treasury bond. No stocks or real estate or anything else needed.
Is that really your only goal, to double your money in nominal terms within 25 years? Maybe aim a little higher?
Statistics: Posted by Call_Me_Op — Sat Feb 01, 2025 5:35 pm