Okay I've done all that, my after-expenses saving is about $50/mo, so I just need to work for 6,666.67 years to retire. Oh wait, I forgot about inflation, so lets just round that up to an even 7,000 years. Sounds reasonable to me!
I just need to work for 6,666.67 years to retire. Oh wait, I forgot about inflation, so lets just round that up to an even 7,000 years.
The solution to the savings problem is always investment. But investment is predicated on surplus accumulation from other workers. So the answer always ends up boiling down to "Rob Peter to pay Paul."
Libs will justify this by saying that sometimes Peter dies before he can come collect the money you borrowed/stole, and that magically makes the system more resistant than we give it credit for.
Okay I've done all that, my after-expenses saving is about $50/mo, so I just need to work for 6,666.67 years to retire. Oh wait, I forgot about inflation, so lets just round that up to an even 7,000 years. Sounds reasonable to me!
The solution to the savings problem is always investment. But investment is predicated on surplus accumulation from other workers. So the answer always ends up boiling down to "Rob Peter to pay Paul."
Libs will justify this by saying that sometimes Peter dies before he can come collect the money you borrowed/stole, and that magically makes the system more resistant than we give it credit for.
Well, I have good news, in 6666 years, that four million dollars will buy you a single nutless m&m