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A comment on This 4×6 index card has all the financial advice you’ll ever need. Parent comment

Re:This 4×6 index card has all the financial advice you’ll e... by timr on Monday September 16, 2013 @09:21PM (#6397025)
You missed the point: "Average return" != "real return in any arbitrarily chosen 10-year period"

It's scary how many of you don't seem to know this. Did you all read the same book on investing and skip everything after the preface, or something?

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Re:This 4×6 index card has all the financial advice you’ll e... by Dylan16807 on Monday September 16, 2013 @09:32PM (#6397069)
When you're talking about being retired for fifty years, it's the average that matters.
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Re:This 4×6 index card has all the financial advice you’ll e... by timr on Monday September 16, 2013 @09:33PM (#6397074)
"When you're talking about being retired for fifty years"

Yeah. We aren't. This whole thread spawned because the claim was that you can retire in 10 years if you save 66% of your income.

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Re:This 4×6 index card has all the financial advice you’ll e... by Dylan16807 on Monday September 16, 2013 @09:43PM (#6397096)
>Yeah. We aren't. This whole thread spawned because the claim was that you can retire in 10 years if you save 66% of your income.

I don't understand. Retiring after 10 years means you'll be retired for around 50 years, doesn't it?

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Re:This 4×6 index card has all the financial advice you’ll e... by timr on Wednesday September 18, 2013 @01:28AM (#6403713)
If you lose your nest egg in year 10 because the market takes a dump, guess what? You're not retired anymore.

It's why real-life retired people don't put their entire savings in the stock market. Retirement funds tend to have most of your money in fixed-rate securities by the time you actually quit working.

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Re:This 4×6 index card has all the financial advice you’ll e... by Dylan16807 on Wednesday September 18, 2013 @01:33PM (#6406618)
'lose'

If you had enough money to live off for fifty years, the market taking a dump isn't going to wipe it out. Especially if you invested part of it before the market got high, and your total without accounting for dumps would have lasted seventy years.

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