4 ms·
I'm not sure I would pick a number if I am honest, but I can understand that a number probably exists. If this wasn't Thiel but rather someone else who made 60
by peytoncasper 5y ago
I'm not sure I would pick a number if I am honest, but I can understand that a number probably exists.
If this wasn't Thiel but rather someone else who made 60k/yr or 120k/yr, I don't think this would even be a conversation. So what if they turned their Roth IRA into 100 million.
In my opinion that is encouraging the right behavior and the intent. Investing 2,000 per year of their wages and trying to be somewhat forward thinking about their retirement.
Now there is the open question of if an average person is able to truly analyze such investments, but I think that is a separate issue as well.