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Return to “Stimulus checks”
- by Flightmare
- Thu Apr 16, 2020 3:23 pm
- Forum: General Gun, Shooting & Equipment Discussion
- Topic: Stimulus checks
- Replies: 80
- Views: 33537
Syntyr wrote: ↑Thu Apr 16, 2020 1:58 pm
Rafe wrote: ↑Wed Apr 15, 2020 1:48 pm
And I don't know about anyone else, but I have a feeling that if I were given that $413,600 up front, with some really conservative investing I could have probably grown the nest egg over the intervening 47 years. At a measly 0.5% average annual interest compounded yearly for 47 years, the total would be $522,860. The federal government probably didn't make a dime on those paid-in funds, probably lost money. But that isn't the worker's fault.
Great post. For me I'll sum it up this way. I am 54 right now. Today I would sign an agreement that if the Fed would allow me to drop out of SS program and they would stop taking SS money out of my paycheck I would forgo any SS amount they owe me. I still think I would come out ahead.
