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By the time you retire you have more capital accruing interest, and generally more to invest in the attendant better investment opportunities available. That's
by nsriv 9y ago
By the time you retire you have more capital accruing interest, and generally more to invest in the attendant better investment opportunities available. That's what they meant.
- ryandrake 9y agoMy guess would be that there are very few people out there, at any stage in their career besides retirement, for whom interest and capital gains are more than a tiny fraction of their income. For most workers, things like salary, bonus, and (for a lucky few) stock grants make up 90% or even 99% of our income until we retire.
- gowld 9y agoParent is saying that in retirement your income is interest on your invested savings