THE NUMBERS DO NOT LIE:- Save for only 11 years versus 26 years - Anna have 58% savings of TIME- Invest $55k versus $130k - Anna have 58% savings of MONEY invested- Ending Balance of $615,580 versus $431,754 - Anna have 42% more saved for RETIREMENTAnna is WAGMI.
Why is this person not getting raises and increasing their contributions for decades? Also lmao at modelling a fixed yearly return rate.
>>62252612$2k a year from 18 to 28 is even better
It's always been "put in as much as you can, as early in life as you can".Just wish someone told me that years ago.
>>62252612I'm confused, what am I looking at? Did Anna just have a better market cycle and/or investment picks than Mike?
>>62252612I don't even plan to be around by the time I'm 60. Fuck that
>anna loses her job and the market crashes 50%
>>62253379These calculations are always based on an imaginary scenario where returns don't vary at all and the market is perfectly stable.
>>62252612>the earlier you lock up your money in the financial pyrami... markets, the better you will be, cash outs are 100% guaranteed, and the later you cash out the better, trust me bro
>>62253379Anna divorced Mike at no fault of his own but the court ordered him to give her half his income for the rest of their lives.
Anna is going to be killed in a crusade
>>62254790exactly, but more likely:anna spends her money on consumer bullshitmike starts powerlifting at 55 and continues working, thus compounding his portfolio even more. ive never seen a woman save money on her own, dad was always persuading or instructing her to even as adult.
religion of sp500 go up forever
What retarded misleading way to present this information. The real takeaway is start investing as soon as possible not only invest for 11 years instead of 26