Quote:
Originally Posted by NAB20
I have read similar information before, but that type of analysis does not make much sense because they are not comparing the dollars you paid in with what those dollars would be if invested an compounded values. Would like to see someone do that. It would be more accurate.
|
Some of us worked in jobs that didn't offer pensions. Some of us had jobs like that for a few years, but the rest of our working life was spent in places that weren't.
I think some folks here talk about investments and values as if they believed everyone in the country is in the position where they could just put a percentage of their income in a mutual fund on their own. There are millions of Americans working 1-3 part time jobs to make sure their families have what they need. Most of those part time jobs don't offer pensions or 401ks. And most investment firms aren't interested in taking deposits of $10 per week.