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Correct. Given average life expectancies, the IRR of contributions vs. benefits of Upper-Middle and Top 20% are 2.9% and 1.7%, respectively. Given a 3.22% infla

by basseq 9y ago

Correct. Given average life expectancies, the IRR of contributions vs. benefits of Upper-Middle and Top 20% are 2.9% and 1.7%, respectively. Given a 3.22% inflation rate, both are negative (meaning the returns don't even keep up with inflation).