2 ms·
Parent is stating $5k in 1943 dollars is $70k in 2018 dollars (a claim I did not verify).
by newnewpdro 9y ago
Parent is stating $5k in 1943 dollars is $70k in 2018 dollars (a claim I did not verify).
- garmaine 9y ago6.2% would be inflation adjusted returns. Actual inflation adjusted returns were 7.4%. So investing the equivalent of $5k each year from then until now (so starting at $350 or whatever) would yield >$8.2M.