Want To Be Rich? Grant Cardone Says You Need To Invest This Much

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• Want To Be Rich? Grant Cardone Says You Need To Invest This Much</p>

<p>Gabrielle OlyaAugust 19, 2025 at 6:51 AM</p>

<p>©Grant Cardone</p>

<p>Think investing 15% of your income is enough to get rich? Grant Cardone, a private equity fund manager and real estate investor, says think again.</p>

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<p>Cardone — who recently launched the 10X Wealth Plan, a personalized financial coaching program — shared how much you should actually be investing if you want to build wealth.</p>

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<p>Cardone: Why You Should Be Investing 40% of Your Income</p>

<p>Cardone believes that people should dedicate 40% of their income to investments.</p>

<p>"If they figured out how to pay the government 40% [in taxes], they can figure out how to start investing in assets at 40%," he told GOBankingRates. "The average person in America is paying somewhere between 25% and 40% with state and federal taxes, so say, 'OK, if I can give the government 40%, I can give myself 40%.'"</p>

<p>This will likely mean cutting down on expenses.</p>

<p>"Invest 40% in assets before any spending," Cardone said. "Prioritize assets and investments. That makes sense."</p>

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<p>How To Afford Investing 40%</p>

<p>You may need to increase your income to be able to invest 40%. Cardone recommended figuring out your investment goal and then working backwards to determine how much you need to earn to meet that goal.</p>

<p>"If I want to invest $2,000 a month, I need to earn five grand," he said. "At the end of a year, I'd have $24,000 invested in assets."</p>

<p>To boost your income, you may consider a side hustle or upping your skills to get a pay raise.</p>

<p>Invest In Income-Producing Real Estate</p>

<p>To get the best return on your investment, Cardone recommended putting that 40% into income-producing real estate, such as rental properties. In addition to earning passive income, you also receive tax benefits that you don't with other investment assets.</p>

<p>"If I buy stocks, I don't get any write offs," Cardone said. "If I buy bitcoin, I don't get a write off. But if I bought real estate that produced income, I would have a write off. And this is what all the wealthy people do."</p>

<p>If you can't afford to buy an investment property, consider looking into fractional shares of a property or REITs.</p>

<p>Consistency Matters More Than the Amount</p>

<p>It may be difficult to set aside 40% of your income every month for investing, but consistency is key to build real wealth.</p>

<p>"Whether you do it with $2,000, $20,000 or $20 million, it's the same money," Cardone said. "It's about prioritizing assets over expenditures."</p>

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<p>This article originally appeared on GOBankingRates.com: Want To Be Rich? Grant Cardone Says You Need To Invest This Much</p>

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Source: "AOL Money"

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