Re:The Stock Market Is Shrinking
by gameswithgo on Sunday August 05, 2018 @10:41AM
(#17691546)
what income ranges are you imagining is the middle class?
[ Parent
| on HN ]
Over a 40-year career, assuming 4% real capital growth after inflation and a 3% safe withdrawal rate in retirement, a worker has to invest 25% of their gross income every year to have the same net income in retirement (assuming identical taxation rates).
The median annual household income in the US is around $60k.
Re:The Stock Market Is Shrinking
by gameswithgo on Monday August 06, 2018 @02:51PM
(#17700441)
That doesn't leave much left to eat and cover up from the rain with.