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Old 12-04-2017, 06:43 PM
 
Location: Capital Region, NY
2,489 posts, read 1,572,699 times
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Quote:
Originally Posted by mysticaltyger View Post
This certainly can happen. It's a nice problem to have. I wish more people had it. Unfortunately, most people don't start saving for retirement in their early 20s--at least not aggressively. I wish that were the case!
Happens all the time. Consider pension, SS, and rmd. Consider at around 7% your typical investment will double in about ten years, and that's without further contributions. It surprises a lot of folks.
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Old 12-06-2017, 11:12 PM
 
30,909 posts, read 37,051,133 times
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Quote:
Originally Posted by dcfas View Post
Happens all the time. Consider pension, SS, and rmd. Consider at around 7% your typical investment will double in about ten years, and that's without further contributions. It surprises a lot of folks.
I just wish it happened more often! Unfortunately, most people are broke or nearly so.
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