ST Alpha - "You'll hit that $5M retirement goal in no time! -- nm" (Reading a Post)

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In response to "Bitcoin back above $60k -- (link)" by oblique

You'll hit that $5M retirement goal in no time! -- nm

Posted by decline (aka Decline) Apr 12 '21, 11:46

(No message)

Responses:

I’d need to work past 60. - znufrii Apr 12, 12:24
I actually checked my progress...if I get 11% growth a year with 3% raises annually, I’ll have just over 4,990,000 at 65 in my 401K - Will Hunting Apr 12, 11:55 9
- That's pretty nice. My work 401k isn't the sum total of my retirement but plugging in the same numbers to mine, I end up with - oblique Apr 12, 12:05
- I can get there with 8% annual return and 2% raises. -- nm - ty97 Apr 12, 12:00 7
  - I can get there if I go back in time and beat my younger self until he agrees to start contributing to a 401K MUCH earlier. - Cuzzin Todd Apr 12, 12:22
  - I'll get there if I hit the lottery. -- nm - JaxSean Apr 12, 12:01 5
    - I won't ever get there. if I won the lottery, I'd buy fancy soda and cheese. you can't take it with you! -- nm - amanda jeans Apr 12, 12:54
    - yup -- nm - Pippy Apr 12, 12:38
    - Yup -- nm - Krusty Apr 12, 12:10
    - 8% annual return and 2% every year for the next 20 (from my current salary) feels rather optimistic TBH -- nm - ty97 Apr 12, 12:03
    - (twice) -- nm - Spawn Apr 12, 12:02

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