No, You can't retire rich at 30 if you sell your startup

Re:No, You can't retire rich at 30 if you sell your startup by michaelkeenan on Monday August 23, 2010 @07:00PM (#1628347)

> Wages for most people have been stagnant or declining

Wage growth has been slower than you'd expect because healthcare is getting much more expensive, so the increase is hidden in a worker's benefits, rather than being revealed in higher wages. Overall compensation is increasing: http://www.marginalrevolution.com/marginalrevolution/2007/10...

Unfortunately, most workers don't realize that their healthcare costs have a zero-sum relationship to their wages. This graph shows that point very well: http://voices.washingtonpost.com/ezra-klein/2009/10/will_low...)

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Re:No, You can't retire rich at 30 if you sell your startup by jshen on Tuesday August 24, 2010 @12:56AM (#1629019)

yes and no. If we look at the economic growth of the past decade a disproportionate amount has gone to the super rich. If it were only healthcare to blame, or even primarily healthcare, then the delta for different income brackets would match historical trends. It hasn't, and healthcare is getting more expensive, and energy is getting more expensive.

It's a trifecta that is going to hurt.

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