Lounge of Tomorrow

€uromeinke, FEJ. and Ghoulish Delight RULE!!! NA abides.  


Go Back   Lounge of Tomorrow > A.S.C.O.T > Lounge Lizard
Swank Swag
FAQ Members List Calendar Search Today's Posts Mark Forums Read Clear Unread

 
 
Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
Old 01-21-2010, 11:06 PM   #11
Alex
.
 
Join Date: Feb 2005
Posts: 13,354
Alex is the epitome of coolAlex is the epitome of coolAlex is the epitome of coolAlex is the epitome of coolAlex is the epitome of coolAlex is the epitome of coolAlex is the epitome of coolAlex is the epitome of coolAlex is the epitome of coolAlex is the epitome of coolAlex is the epitome of cool
Quote:
Originally Posted by DreadPirateRoberts View Post
I want to know where you are going to get an 8.5% return for every year until he retires.
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.
Alex is offline   Submit to Quotes Reply With Quote
 


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -7. The time now is 12:38 AM.


Lunarpages.com Web Hosting

Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.