530
submitted 1 month ago by KingThrillgore@lemmy.ml to c/196
you are viewing a single comment's thread
view the rest of the comments
[-] Didros@beehaw.org 3 points 1 month ago

Laws have changed since 1920, and even with 2008 and 2020 every ten year period will still see 10% growth from a diversified portfolio.
And even if 4.6 million doesn't buy what it did last year you can spend less than that for the compound interest to overtake inflation easily.

this post was submitted on 10 Oct 2024
530 points (100.0% liked)

196

16542 readers
1950 users here now

Be sure to follow the rule before you head out.

Rule: You must post before you leave.

^other^ ^rules^

founded 1 year ago
MODERATORS