Quote:
Originally Posted by DreadPirateRoberts
I want to know where you are going to get an 8.5% return for every year until he retires.
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8.5 is kind of high. Average DJIA return over the last 65 years is 6.52%. Doesn't seem that far different but $2000 invested on January 1, 1945 would have only returned $137,000 on January 1, 2010.
Still, put away $2000/month for retirement from birth and get 6.52% back and Theo'll have a nice $56 million nest egg. I'm guessing that even in 2075 that will be decent living.