A Million Dollar Income?
Yes, a million dollar income.
That’s not the same as being a millionaire. A millionaire has a million dollars in net assets. Add up your home equity, retirement accounts, savings, and equity any other assets you have like rental properties, and if it’s more than a million dollars, you’re a millionaire.
A large majority of working professionals, especially those in dual income households, are going to be millionaires at some point in their lives. It’s actually not that uncommon.
Yes, I want to be a millionaire. But does a million dollars actually get you very far? If you’re saving it for retirement, probably not. It’s what you earn that determines what kind of lifestyle you live. I want to live a better lifestyle.
I don’t want to just be a millionaire, I want to be earning a million dollar yearly income.
I’m not a doctor or a partner in a big law firm. I don’t work in an Investment Bank. I don’t own a successful business, nor am I a well-known influencer. I’m not doing any of the things that typically get people to that million dollar in earnings mark. I’m just a regular guy, with a good job.
But I think I have a good plan to get there. I’ve been experimenting with options trading for a little over a year now, and have gotten good at generating regular positive returns. My consistency is to the point now that I’m going to build an income stream out of this. I’m starting small, but by reinvesting my returns, and continuosly adding to my funds, I believe I can grow this to the point it is generating me a million dollars in net income a year.
I’ve targeted to reach this point in four years. By May 1, 2026, I want to be making $1,000,000 a year.
Follow along as I go, and let’s see how I do.