Deposit $1,000 a month at 7% and every year you add $12,000. In year 11 the interest alone comes to $12,354, more than you put in. From then on the gap only widens: by year 20 the portfolio earns $32,774 a year on its own.
See year 11 in the detailsThe crossover
In year 11, your money starts out-earning you.
The 4% rule, tested on 59 start years.
Ten years of waiting costs $651,000.
How long does $500,000 last?