healthmyths
Platinum Member
- Sep 19, 2011
- 29,359
- 10,803
- 900
Totally unbelievable!
NO one NO one seems to comprehend that the ordinary jOE smoe worker could accumulate over $500,000 in their lifetime SIMPLY by being allowed to direct the MONEY deducted from their paycheck for social security/Medicare and accumulate at 3%!
$500,000 or more! And all of you idiots are missing the point!
NO WAY no where is there anything close to the simple affect of compound interest!
Let the worker take the money deducted before they see it!
Before they spend it!
And let them put it where they want! Obviously with education they would know that
younger age invest in growth.. closer to retirement more secured with less risk!
The ordinary worker setting aside in 47 years of work would if they were allowed accumulate at what the equities market had done over 40 years, i.e. 8% would have accumulated $3 million!
All simply letting the individual accumulate forced, untouched accumulated!
Why though have you people been against that simple concept?
I think it's because you are very uneducated in a very simple tool.. compound interest!
NO one NO one seems to comprehend that the ordinary jOE smoe worker could accumulate over $500,000 in their lifetime SIMPLY by being allowed to direct the MONEY deducted from their paycheck for social security/Medicare and accumulate at 3%!
$500,000 or more! And all of you idiots are missing the point!
NO WAY no where is there anything close to the simple affect of compound interest!
Let the worker take the money deducted before they see it!
Before they spend it!
And let them put it where they want! Obviously with education they would know that
younger age invest in growth.. closer to retirement more secured with less risk!
The ordinary worker setting aside in 47 years of work would if they were allowed accumulate at what the equities market had done over 40 years, i.e. 8% would have accumulated $3 million!
All simply letting the individual accumulate forced, untouched accumulated!
Why though have you people been against that simple concept?
I think it's because you are very uneducated in a very simple tool.. compound interest!