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Back in 1950 a loaf of bread cost 5 cents. Now? People often forget about this little thing called inflation. You have to plan for 4% inflation and faster me
by wheaties 15y ago
Back in 1950 a loaf of bread cost 5 cents. Now? People often forget about this little thing called inflation. You have to plan for 4% inflation and faster medical inflation. You also can't count entitlement p
- ricardobeat 15y agoThat's why you put your money in a savings account... anyway, I think we're on the same side. To put these $1.8m in perspective, that's just a tad less than the amount of savings one in the top 0.5% might have after retirement: http://sociology.ucsc.edu/whorulesamerica/power/investment_manager.html http://sociology.ucsc.edu/whorulesamerica/power/investment_m...