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by avar
1234 days ago
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> You obviously plan to live a long time. Per [1] if you're paying $10000 in tax/yr, being able to invest the same money would take 41 years at 5% interest (long term S&P 500 has been just shy of 10%) to reach $1m, 29 years with 8% interest (compounded annually). 1. https://www.investor.gov/financial-tools-calculators/calcula... |
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