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A comment on $6.96B was raised by private longevity companies in 2022. Parent comment
That isn't a rule of thumb for an infinite lifespan. It's probably not even a rule of thumb for surviving retirement from 1928 through 1938.
7% compound interest is a wacky assumption considering over the last 122 years global equity has returned real returns of 5.3%.
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That isn't a rule of thumb for an infinite lifespan. It's probably not even a rule of thumb for surviving retirement from 1928 through 1938.
7% compound interest is a wacky assumption considering over the last 122 years global equity has returned real returns of 5.3%.