Re:Early Retirement (2006)
by brianwawok on Wednesday August 04, 2021 @11:45AM
(#28062372)
So if you don't invest, do you just save money in a savings account? Over a 50 year career S&P Index Fund vs stuff in a savings account is the different between... having 20k a year to pull from savings, vs having 100k a year to pull from investments. It's a pretty stark portfolio difference.
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Re:Early Retirement (2006)
by throwaway894345 on Wednesday August 04, 2021 @12:13PM
(#28062745)
Ironically if you put the money in a savings account, someone much richer than you is going to be investing it on your behalf and taking the lion's share of the interest that you're leaving on the table.
Re:Early Retirement (2006)
by brianwawok on Wednesday August 04, 2021 @02:31PM
(#28064495)
Right. Can't really escape the game.