Re:We Need a Basic Income Guarantee
by saalweachter on Monday September 02, 2013 @01:29AM
(#6313574)
Yeah, if they took that $40 / week and invested it in an index fund with a 7% after-expenses return, then after 47 years of working from age 18 through age 65, they'd have an inflation-adjusted $185,000. Combined with Social Security, that would provide them almost $20,000 / year to retire on.
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