Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Lorianne

Not buying the $1 million. Sure, there may be rare cases that can be made, but the article makes it sound like a slam-dunk "average".


6 posted on 03/31/2005 4:49:05 PM PST by Publius6961 (The most abundant things in the universe are ignorance, stupidity and hydrogen)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Publius6961
Not buying the $1 million. Sure, there may be rare cases that can be made, but the article makes it sound like a slam-dunk "average".

I can believe it. Say a woman is out of the workforce for 15 years, foregoing a $30,000 salary, then returns to work for 20 years but her salary is $10,000 less than it would otherwise have due to her lesser experience. That's $650,000 already, and assuming a halfway decent interest rate you can easily get to $1 million. Of course you could argue with any of those assumptions, but it seems to be in the right ballpark.

14 posted on 03/31/2005 5:06:18 PM PST by ThinkDifferent (These pretzels are making me thirsty)
[ Post Reply | Private Reply | To 6 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson