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Very southern Mn | Agree 79TA, there are a lot of moneys deducted, a lot of matching money. No it isn’t 25000 a year . Simple Dave Ramsey calculator shows a 100$ a month at age 21. Gives you $572000 by age 67 at 8%. Now before someone talks about inflation etc, how many people get educated on basic saving program? You can go to a lot of get rich seminars but historically it isn’t rocket science. A 100$ a month is a lot of money to many people but maybe it is about choices for many. How many are paying for things that depreciate as fast or faster than they pay for them? We all have our hands out, but nobody wants to make hard choices. There is risk in anything, stock market may go flat for years like many warn, it may tank. But I guarantee that the camper or side by side or designer shoe will eventually be worth nothing. This is not a post bashing campers or side by sides or shoes, all I am saying is that no one wants to sacrifice for their future. | |
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Stock Market - OUCH
