3 ms·
Indeed, and if you divide that pension cashflow by, say, 4%, you arrive at equivalent wealth figures that can be very significant. Say somebody retires from the
by FooBarBizBazz 3y ago
Indeed, and if you divide that pension cashflow by, say, 4%, you arrive at equivalent wealth figures that can be very significant. Say somebody retires from the military as a low-ranking officer. You don't think of them as particularly wealthy, but once you value their cashflow, you realize they're loaded.
- wolverine876 3y agoThe value is money/time. $1M over 40 years is only $25,000/yr, minus inflation and tax. Wherever that person lives, I don't suppose they feel 'loaded'.