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re: Lets say you plan on retiring at age 60 and you are now 30....

Posted on 7/10/18 at 1:00 pm to
Posted by TH03
Mogadishu
Member since Dec 2008
171512 posts
Posted on 7/10/18 at 1:00 pm to
quote:

That puts you in like the top 10% of US earners.



quote:

Also, your wages increase by 3% annually and so to does inflation.


A wage that puts you in the top 10% of earners in 2018 won’t be the same in 2048.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 7/10/18 at 1:02 pm to
quote:

A wage that puts you in the top 10% of earners in 2018 won’t be the same in 2048


Inflation doesn't rise at a rate of 3%, but that's really not that important. Either way, 100k in 30 years is still going to be a really good salary.
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