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TopicMore young Americans and Democrats support socialism than capitalism
The Great Muta 22
08/14/18 2:14:12 PM
#59:


FLUFFYGERM posted...
Sayoria posted...
This is because if you are under 30 years old, you are more than likely never going to see retirement.


If you invest $200 a month from ages 25 to 67 at 10% per year, you will end up with $1,550,794 at retirement age. $633,409 when adjusted for inflation.

This assumes you stash away just $200 a month for that long, and that you never get a raise, never get any match from any employer, and never make extra money from a side business. In other words, if someone is under 30 and is able-bodied and doesn't retire when they reach retirement age, it's because they were being a fucking loser.


You have no idea what the poor and rural part of the country is going through if you feel they can simply "stash away" $200 a month for their entire life with not ever touching it. My advice to you would be actually spend some time in rural America and away from your sheltered existence to meet the people of this country sometime.

Or don't and continue being a judgemental asshole, idc
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