Hello everyone.
My name is Leonardo and I am 22 years old. I live in Salvador, Brazil. I just got my law degree and I'm studying VERY hard to be a kind of "public lawyer" which will give me $8000 monthly or +$100.000 a year.
I have a girlfriend and we've been together for almost 6 years. She is 24. We really love each other and I'm sure that she is the woman of my life. She works in a bank and earns $1500 monthy or $22.000 a year. She is in this job for less than 6 months and will be promoted very soon, where she will then earn $2000 monthly or $29000 a year.
We are just starting to raise some money, and have only $3000 in a fund, which gives me 18% a year.
I also have a car valued in $15000. I expect to receive from my parents an apartment worth $215.000. I expect to sell that property and invest in real estate or in that same fund that gives me 18% a year.
I expect to boost significantly my income by 2007 when I expect to pass in a competition made by the government which grants everyone that pass the license to work as a notary. I hope that it will give me $300.000 a year.
We don't have any children and expect to have only when we're in our 30's (2015).
My goal is to ER at 40. I think that with $1 million we can live confortably (the interest here is Brazil is very high and will probably continue like that for the next 10 years).
Me and my girlfriend have a budget and we spend something like $1.500 monthly. We expect that our expenses will grow sharply to something like $2.500. So I think that I can retire nicely earning $5.000 a month, or $60k annualy. With a $1 million I should earn $120.000 a year, which I think cover any emergencies.
I think that my target goal is possible to be reached, even more if I can work as a notary in the future. I would love to hear some input from everyone. The only thing that worries me is my girldfriend that has some compulsion towards shopping, but we're already working on that.
I've already learned a lot in this forum and expect to learn even more in the following years. I expect to be a part of this great community for a long, long time.
I'm ready to help if you guys need any advice about living in Brazil or, even better, investing here (great interest rates!).
My name is Leonardo and I am 22 years old. I live in Salvador, Brazil. I just got my law degree and I'm studying VERY hard to be a kind of "public lawyer" which will give me $8000 monthly or +$100.000 a year.
I have a girlfriend and we've been together for almost 6 years. She is 24. We really love each other and I'm sure that she is the woman of my life. She works in a bank and earns $1500 monthy or $22.000 a year. She is in this job for less than 6 months and will be promoted very soon, where she will then earn $2000 monthly or $29000 a year.
We are just starting to raise some money, and have only $3000 in a fund, which gives me 18% a year.
I also have a car valued in $15000. I expect to receive from my parents an apartment worth $215.000. I expect to sell that property and invest in real estate or in that same fund that gives me 18% a year.
I expect to boost significantly my income by 2007 when I expect to pass in a competition made by the government which grants everyone that pass the license to work as a notary. I hope that it will give me $300.000 a year.
We don't have any children and expect to have only when we're in our 30's (2015).
My goal is to ER at 40. I think that with $1 million we can live confortably (the interest here is Brazil is very high and will probably continue like that for the next 10 years).
Me and my girlfriend have a budget and we spend something like $1.500 monthly. We expect that our expenses will grow sharply to something like $2.500. So I think that I can retire nicely earning $5.000 a month, or $60k annualy. With a $1 million I should earn $120.000 a year, which I think cover any emergencies.
I think that my target goal is possible to be reached, even more if I can work as a notary in the future. I would love to hear some input from everyone. The only thing that worries me is my girldfriend that has some compulsion towards shopping, but we're already working on that.
I've already learned a lot in this forum and expect to learn even more in the following years. I expect to be a part of this great community for a long, long time.
I'm ready to help if you guys need any advice about living in Brazil or, even better, investing here (great interest rates!).