![]() |
|
#11
|
|||
|
|||
|
[ QUOTE ]
[ QUOTE ] [ QUOTE ] [ QUOTE ] Sure, there could be problems, and you need to be smart and flexible, but it's simply not the case many people can't get through life on $2 million. [/ QUOTE ] Especially when you consider that most people don't earn $2 million when working their entire lives. [/ QUOTE ] That's not true. The median income in the US is around $45k. That's somewhere around 45 years work to earn $2 million. If you start work at 20 and retire at 65... [/ QUOTE ] At a savings rate of -2% or so, how long would it take to save $2MM while earning $45K per year? [/ QUOTE ] He didn't say save, he said earn. I took that to mean that most people won't actually make $2 mil at their job in their lifetime. Obviously most people won't save $2 mil in their lives. Most people won't save $100k in their lives. |
|
|