According to trumpaccounts.gov an 18 year old investing $5k/year will have $271k by the time he/she turns 18. We have to assume there’s a 6% growth rate built in.
With that much money no one can plead poverty and go on the dole. If they don’t need welfare they won’t need democrats. Threats to that 6% growth will be confronted-government spending-people not towing the line employment-wise. Immigration-good immigration?
SSI-W tried but failed. Trump accounts will slowly replace that ponzi scheme.
Gonna be awesome.
I believe.
The fear in the back of my head is inflation.
Even with a 4% growth rate, it's not bad. Six percent is entirely reasonable. Higher should be expected.
We weathered the '02 Gore-market-crash when he sued to win. Lost about 30% then. The '08 crash, we lost almost 50% of our investment value in IRAs.
It all rebounded. Investing in America is a safe bet!
Over the long-term. Unless the commies take over. Then all that lifelong work, investment, and savings, can be confiscated in one vote if the House, Senate, and White House are taken over by the commmies.