[00:02] the time I was 35, this is what I would do. Before we talk about actionable steps, we need to understand the math on how to get there. The closer you are to going to have, but the ideal amount of time in order to hit $100,000 relatively
[00:16] easily is about 7 to 10 years. That's because if you can earn $50,000 a year at your job and you're able to save 15% of that, or $7,500 per year, and you invest that, you can hit $100,000 invested in about 9 years assuming you
[00:30] get 8% average returns investing, which is the historical return of the S&P 500. increase your savings rate as much as you possibly can. So, a minimum of 15% savings, and there is no upper bound to your maximum because the majority of you
[00:45] from saving and not actually the investing return part. Second, I would open up a Roth IRA. The contribution limit is $7,500 per year, and if you're able to automate $625 a month into it, and then invest in an
[00:59] ETF like VOO or VTI, which are the S&P 500 and total market ETFs, respectively, not only will you hit that $100,000, but any investment gains in your Roth IRA are going to be tax-free later on, too. And third, I would stay away from any
[01:13] debt that has an interest rate higher than 8 to 10% means that your dollars, in order to be the most financially optimal, need to be prioritized towards then they aren't prioritized towards you growing your $100,000. I hope this
[01:27] helps, and let me know any questions you have in the comments.