Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#16
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Sounds about right
My net worth is probably around 200 times what it was at age 35, so 47 sounds more than reasonable. It's called compounding.
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#17
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30 years of compounding will get you about 20 times
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Identifying as Mr. Helpful |
#18
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47 times is nowhere near reasonable or accurate. See Post No. 4 for the current Census Bureau data on household wealth at all ages.
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#19
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I've often wondered how (or 'if') pensions and such are included in any sort of net worth calculation. I know it typically disappears upon death, but it still has a lot of value during one's life.
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#20
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It is better to laugh than to cry. |
#21
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This is why I don't give the Census Bureau any information at all. I don't answer any questions from them. Too much data digging of my personal information.
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#22
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Ohiobuckeye
Hum, I've never ever got a question from the IRS that I know of. I would think if someone is getting questions from the IRS they must either have a lot of money or have been audited. If I would get a questionaire from the IRS I would think you would have to answer their questions since they are part of the govt. But me myself I wouldn't answer them unless I called them first. Letters & emails I was told to never answer these!
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#23
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The data mentioned here is extrapolated from the CPS 2019 Annual Social and Economic Supplement which asked participants to report their family income for 2018. About 60,000 households are selected for the CPS each month, and it is a voluntary survey. Participation in the CPS is important because the answers represent thousands of other addresses and people. The information is collected by interviewers using a computer-assisted survey instrument, through personal visit and telephone interviews. This is a significant way for the OBM to inform the nation of its social and economic well-being. Well-designed empirical research instruments are crucial in identifying the status of issues facing our country based on factual information. Participation is, of course, voluntary.
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#24
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#25
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#26
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"Those who have nothing to hide, hide nothing". I don't think many people obsess over this.
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It is better to laugh than to cry. |
#27
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#28
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If I was worth 47 time what I had at 35, I would be now worth about $50!
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#29
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So, you had $1.06 when you were 35. At least you had a positive net worth.
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#30
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Sorry, gg, but that was before the internet. Heheh.
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Closed Thread |
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