“If 365k millionaires take this tax-free withdrawal it comes to 3.65 million newborn thousandaires(my math could be wrong).”
Yes, you’re right, your math is wrong - by a factor of 10. That would be 365k thousandaires.
*Yes, you’re right, your math is wrong - by a factor of 10. That would be 365k thousandaires.*
Thanks bud. I’ll stand corrected. Would 365 thousandaires at birth be a good start? The trick would be to get more millionaires/billionaires to do that for one year’s worth of newborns-American. I’d take out $105 thou.
Build it and will they follow?