merari42@lemmy.world to Microblog Memes@lemmy.worldEnglish · 23 days agoThe habits of successful peoplelemmy.worldimagemessage-square75fedilinkarrow-up11.63Karrow-down113
arrow-up11.62Karrow-down1imageThe habits of successful peoplelemmy.worldmerari42@lemmy.world to Microblog Memes@lemmy.worldEnglish · 23 days agomessage-square75fedilink
minus-squareRBWells@lemmy.worldlinkfedilinkEnglisharrow-up2·22 days agoRight but inflation will eat at that. If they have a million in 40 years it won’t be worth a million of today’s dollars.
minus-squareContrarianTrail@lemm.eelinkfedilinkEnglisharrow-up1·22 days agoIt takes inflation into account. 7% is the average long-term stock market return after adjusting for inflation. Without inflation the rate would be closer to 10%
Right but inflation will eat at that. If they have a million in 40 years it won’t be worth a million of today’s dollars.
It takes inflation into account. 7% is the average long-term stock market return after adjusting for inflation. Without inflation the rate would be closer to 10%