Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Is saving/investing actually a crappy way to get rich?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]I am sorry, but your math is insanely wrong. Just saving 100k a year would get you 2 million after 20 years with zero return. That should suggest to you how wrong your math is. If this is saving in taxable account then you only pay tax on the earnings, not on the principal. If this is in tax deferred (like 401k) then you would pay tax on the withdrawals, not while it accumulates. Either way I suspect you are vastly overestimating the tax take. Find a better online calculator.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
