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To: whd23
Assume a mere 5% annual compound return and one would get more than double the "total" amount saved.

$750k for the wage slave, and $690k for the self-employed. That in itself would fund a pretty decent retirement.

110 posted on 09/30/2011 1:38:51 AM PDT by GregoryFul (Obama - Jim Jones redux)
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To: GregoryFul
At a more reasonable (average stock market over long period) 10% return, the wage slave would have a $2,147,000 nest egg, and the self-employed: $1,846,000.

The US government SS program actually impoverishes our retirement, it is a total rip off.

118 posted on 10/03/2011 3:52:49 PM PDT by GregoryFul (Obama - Jim Jones redux)
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