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by gitgudnubs
2432 days ago
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Geometric average returns for stocks are over 7%, and that accounts for inflation. The scenario presented to me included no investments, and a flat career. I think the high cost of living in San Fransisco was a reasonable assumption for someone in the top 1% of income. I think the complete absence of investment in my analysis more than makes up for a flat career. It's not even clear that modeling a flat career growth increases the number, since income tends to peak around 48. |
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