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Can someone translate exactly what this means? I assume they mean you should have $3M in assets at the point of retirement, but... in what year's dollars?! $3M
by dataflow 4y ago
Can someone translate exactly what this means? I assume they mean you should have $3M in assets at the point of retirement, but... in what year's dollars?! $3M in 40 years-from-now's dollars is going to be way less than $3M in today's dollars!
- dclowd9901 4y agoI’m assuming they mean today’s dollars. In 40 years, that’s probably close to 4.5-5 mil