[quote=no_such_reality][quote=SK in CV]Why on earth would you not consider net present value. Is $50K 30 years from now the same as $50K today?[/quote]
Yes, when you have a cola index. 🙂
It’s worth less if it isn’t, hence, NPV.
Luckily we have the gub’ment workers and their union to protect us ig’nant masses from ourselves.[/quote]
Exactly. However, even with NPV, it’s still a lot of money. Hence, I gave a range. It still doesn’t change the main point. How many people, single, making ~$80k have ~$1.5M (assuming NPV) saved up in 401k (not counting saving accounts and brokerage accounts) by age 55ish?
