Deacon Hayes

How to Reach Your First $250,000 (Invested)

30 years: $122/month
25 years: $203/month
20 years: $347/month
15 years: $625/month
10 years: $1,250/month
5 years: $3,250/month

Note: Assumes 10% annual returns in a low-cost index fund.

6. Higher Education Teacher: $45,468
7. Electrotechnology Engineer: $79,724
8. Digital Transformation Specialist: $115,826
9. Construction Laborer: $49,871
10. Digital Marketing Specialist: $62,307

Source: World Economic Forum

Any other jobs you think are AI proof?

10 AI Proof Jobs (And Average Annual Salary For Each)

1. Agricultural Equipment Operator: $59,953
2. Heavy Truck Driver: $44,239
3. Vocational Education Teacher: $45,468
4. Mechanic: $43,180
5. Business Development Professional: $75,645

How to Become a Millionaire Making $50,000 Per Year

• Invest $417 per month
• Into low-cost index funds
• With an average return of 10%
• Do this every month for 32 years
• It will be worth $1,051,830.60

It’s not about how much you make but what you do with what you make. Let's go! 💪

4. You pay < 30% of income towards housing: 32.8% of people more than 30%

5. You don’t have a car payment: The average monthly car payment is $745

If you can check off even a few of these, you’re ahead of the game financially.

5 Signs You’re Doing Great Financially 💰

1. You’re investing for retirement: 31% of people aren’t doing this

2. You have $0 in consumer debt: The average person owes $23,317

3. You have an emergency fund: 59% of Americans don’t even have $1,000 saved

Continued 👇

How to Become a Millionaire With Only $7 Per Day

$7 a day = $210 per month

Invest $210 per month into index funds:

= $150,834 in 20 years
= $433,197 in 30 years
= $1,165,573 in 40 years

Don't wait. Start investing today, even if it is small amounts!

💯

How Long it Takes to Make $1 Million by Monthly Contribution Amount

• $200 - 39 years
• $400 - 32 years
• $600 - 28 years
• $800.- 25 years
• $1,000 - 23 years

This assumes a 10% annual return.

Becoming a millionaire is possible, you just have to start investing and be consistent.

The MAX Mortgage Payment You Should Pay Based on Salary (According to Dave Ramsey)

• $50K salary: $823
• $60K salary: $969
• $70K salary: $1,103
• $80K salary: $1,237
• $90K salary: $1,372
• $100K salary: $1,507

Based on 25% of take home pay & a 15 year mortgage.

Something is off here.

Comment the word FUND and I will send you a list of 12 ways to build up your savings even faster!

Fully Funded Emergency Fund By Monthly Expenses

• $5k/month — $15k - $30k
• $6k/month — $18k - $36k
• $7k/month — $21k - $42k
• $8k/month — $24k - $48k
• $9k/month — $27k - $54k
• $10k/month — $30k - $60k

Want to build your emergency fund faster? See below 👇

Glad to hear it!

Comment the word PAYOFF and I will send you an article on how to pay off your credit card debt quickly!

Americans Suffering From Credit Card Debt Financial Anxiety by Generation

• 58% of Gen Z
• 60% of Millennials
• 56% of Gen X
• 34% of Boomers

Source: BMO

Do you struggle with credit card debt? See below 👇

This is using the 25X Rule where you multiply your annual expenses by 25 in order to get a retirement goal for your investments.

Comment the word INVEST and I will send you my favorite free app to see if you are on track for hitting your retirement goals!

How Much You Need in Investments to Retire Based on Monthly Expenses

• $50k → $1,250,000 in Investments
• $75k → $1,875,000 in Investments
• $100k → $2,500,000 in Investments
• $125k → $3,125,000 in Investments
• $150k → $3,750,000 in Investments

Want to make sure you are on track? See below 👇

Investment Contribution Limits For 2025

• FSA — $3,300
• HSA — $4,300 (Single)
• HSA — $8,550 (Family)
• IRA's — $7,000
• Simple IRA — $16,500
• 401k, 403b — $23,500
• SEP IRA — $70,000

Now is a great time to start making adjustments so that you can increase contributions this year!

Out of curiosity, what specific impact did the tariffs have that related to the conference?

How Much to Invest Per Month to Retire w/ $3 Million

• Age 20: $333 per month
• Age 25: $542 per month
• Age 30: $884 per month
• Age 35: $1,455 per month
• Age 40: $2,433 per month
• Age 45: $4,179 per month
• Age 50: $7,530 per month

Note: Based on retiring at 65 with 10% annual returns

Make a list ahead of time and stick to that list. Helps avoid impulse buys and overspending

How Much You Should Invest Each Month by Salary

• $40,000 → $333
• $50,000 → $417
• $60,000 → $500
• $70,000 → $583
• $80,000 → $667
• $90,000 → $750
• $100,000 → $833
• $110,000 → $917
• $120,000 → $1,000

You need to invest consistently if you want to build real wealth.

I am a fan of the Total Stock Market Index Fund as well.

Comment the word INVEST and I will send you an article on how to get started investing in index funds like the S&P 500 today!

Investing $100 into an S&P 500 index fund:

• $6.83 in Apple
• $6.12 in Nvidia
• $5.99 in Microsoft
• $4.33 in Amazon
• $3.01 in Meta
• $2.17 in Google
• $2.09 in AVGO
• $2.03 in Tesla

Plus $67.43 into 492 other top US Companies.

Want to start investing in the S&P 500? See below 👇

For sure

How to Become a Millionaire With Only $7 Per Day

Come up with $7 per day to get started.

$7 a day = $210 per month

Investing $210 per month averaging 10%

= $150,834 in 20 years
= $433,197 in 30 years
= $1,165,573 in 40 years

Don't wait. Start investing today, even if it is small amounts.

It is not an easy process and you have to have a significant down payment to acquire the existing mortgage because you are basically putting down as much money as the seller has equity in the home.

Based on $7,000 (maxing out IRA) per year invested, at a 10% annual return over 35 years.

How Fees Can Crush Your Investment Returns

• 2% — $784,173 in fees
• 1% — $441,015 in fees
• .02% — $9,948 in fees

This is why it's so important to figure out what your expense ratios are on your Investments and know what your financial advisor is charging you in fees.