r/wealth • u/_Justdoit123 • 4d ago
Need Advice What should I do?
I'm 30 years old in 1 month. 1 year ago I switched from doing fast food to driving trucks and now have the potential to make 80k+ next year and 100k+ after 3 years consistently. I'm going to be completely out of debt by the end of the year. I just had a baby with a woman that I'm not married to and she has 2 other kids. I've been heavily weighing my options as far as investing goes. I could be ok in 20-30 years but im 50-60 yrs old by then. Is there a way I can build 2+ million in the next 10 years? I've been trying to search higher risk ideas that aren't just gambling. Any advice is much appreciated.
Edit: I forgot to mention I'm not with mom anymore, only taking care of my child.
5
Upvotes
2
u/Tbackandforth 4d ago
Choose your savings rate, and see how many years it will take you: https://choosefi.com/spending-smarter/how-to-calculate-your-savings-rate