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As seen over the past few decades, $50k doesn't go as far as it used to, and I see no reason not to expect the same in the future compared to now. In 30 years $
by hanniabu 7y ago
As seen over the past few decades, $50k doesn't go as far as it used to, and I see no reason not to expect the same in the future compared to now. In 30 years $50k might be poverty level income.
- selectodude 7y agoSure but that ignores everything about compound interest. And most people don’t live too 100. Consider it reducto ad absurdum on my part.
- boring_twenties 7y agoThat's why you invest the $5m, not just keep it in cash.