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Started By
Message
re: Trump accounts can grow to $191k from age 0-18 & over $2 million by retirement
Posted on 12/2/25 at 4:58 pm to el Gaucho
Posted on 12/2/25 at 4:58 pm to el Gaucho
quote:
191k in 18 years will be worth 1200 bucks
Will still be worth $191,000. I think you mean to say it will have the same buying power as $1200. Even at higher than average inflation, in 18 years it should still have the purchasing power that 100 grand has today
0
Posted on 12/2/25 at 4:59 pm to medium_okra
quote:
Wonder what the relevant buying power of $2M will be in 2085 when these kids are retirement age ?
Won't be much, enough to survive for 6 months perhaps
Posted on 12/2/25 at 5:21 pm to hawgfaninc
Can you withdraw that money tax free?
Why only 5,000 max contribution per year? Seems rather low.
I definitely would do this for my kids if its tax free withdrawals
Why only 5,000 max contribution per year? Seems rather low.
I definitely would do this for my kids if its tax free withdrawals
Posted on 12/2/25 at 5:49 pm to hawgfaninc
Just a $10k balance at age 20 is almost a million at 65.
Posted on 12/2/25 at 6:04 pm to lsugorilla
quote:
Where is money coming from?
It was initially from all the tarriffs income. But isn’t Trump getting rid of all his tariffs?
It shouldn't be tagged to tariffs even if that was the initial idea.
It's a good idea to help people in the future. And to give confidence to people who might be debating about if they should have kids
Posted on 12/2/25 at 6:08 pm to Deplorableinohio
quote:
One $1,000 deposit at birth will be worth a little more than $100,000 assuming compound returns of 8%/year during 60 years.
A little more, but pretty close if compounded annually.
Posted on 12/2/25 at 6:15 pm to medium_okra
quote:
Wonder what the relevant buying power of $2M will be in 2085 when these kids are retirement age ?
Who are we going to put on the 1 million dollar bill?
Trump
Posted on 12/2/25 at 6:17 pm to medium_okra
quote:
Wonder what the relevant buying power of $2M will be in 2085 when these kids are retirement age ?
More than the $0 that most of us started off with.
Posted on 12/2/25 at 7:04 pm to hawgfaninc
It will all be looted by Wall Street fees and the government confiscating part of it for an "emergency".
Posted on 12/2/25 at 8:11 pm to medium_okra
quote:
Wonder what the relevant buying power of $2M will be in 2085 when these kids are retirement age ?
$340,000 assuming an annualized inflation rate of 3%.
Posted on 12/2/25 at 8:18 pm to hawgfaninc
Compounding interest is world wonder.
Now, the present value of that projected value is substantially smaller but it’s still an awesome start.
Now, the present value of that projected value is substantially smaller but it’s still an awesome start.
Posted on 12/2/25 at 8:20 pm to hawgfaninc
would be cashed out at 18 by the majority of people
Posted on 12/2/25 at 9:05 pm to Boodis Man
quote:
5,000 max contribution per year
Pre tax dollars.
Posted on 12/2/25 at 9:08 pm to hawgfaninc
Stupid
Bu the time retirement age comes for “trump accounts” will be equivalent to $50,000 today.
It would only make inflation worse. Retarded
Bu the time retirement age comes for “trump accounts” will be equivalent to $50,000 today.
It would only make inflation worse. Retarded
Posted on 12/3/25 at 2:42 pm to Deplorableinohio
Okay , do 12% annual return.
That would be worth $ one Million in 60 years.
That would be worth $ one Million in 60 years.
Posted on 12/3/25 at 2:52 pm to hawgfaninc
I remember as a young child someone paid me with fiat currency and I ripped it to shreds.
Posted on 12/3/25 at 2:52 pm to CA Jones
quote:
’m assuming a 14% average annual gain and reinvesting the dividends.
You're shooting quite high for annual S&P500 return here
Posted on 12/3/25 at 3:05 pm to hawgfaninc
How about lowering the cost of living so the parents can actually “max-fund” it yearly.
I like the concept & the efforts to create wealth for families and future generations. , They are missing the point!
EVERYTHING is high as Giraffe Nuts!
Being taxed into oblivion & the money is going to tranny parades in Africa.
Let’s tackle the clear and present dangers before setting up “glorified savings accounts”
I like the concept & the efforts to create wealth for families and future generations. , They are missing the point!
EVERYTHING is high as Giraffe Nuts!
Being taxed into oblivion & the money is going to tranny parades in Africa.
Let’s tackle the clear and present dangers before setting up “glorified savings accounts”
Posted on 12/3/25 at 3:17 pm to Narax
quote:
Wtf. How would this be confirmed. Thats not the right word.
“Potential”
I loathe the bullshite we are hammered with by the media and the influencer types that push it. May as well claim that it could reach one million. Or maybe even
If you’re gonna make stuff up you may as well go really high with what it could be.
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