Progressives (Liberals)

everday ham and egger posts on LinkedIn

Please don't do the inflammatory stuff that gets threads locked.

What bullshit is that?


Someone starting at age 25, making $50,000/year (say being a teacher) who saves 10% in their 401k and gets even a 7% return (S&P the last 30 years had a 12% return) will have 1 million dollars in their 401k by age 65. A 12% return would have them be a millionaire at age 53.

That’s not bullshit, that’s just basic math. If they get raises or company matching 401k dollars then they’ll be a millionaire much much sooner. Teachers would even have pensions. If you get married you can often make multiple millions as a family.

This isn’t possible for everyone for a great number of reasons, but it CERTAINLY is possible for many people.

Greenpeace Co-Founder Unloads on ‘Pompous Little Twit’ Ocasio-Cortez

maporsche wrote:

What bullshit is that?


Someone starting at age 25, making $50,000/year (say being a teacher) who saves 10% in their 401k and gets even a 7% return (S&P the last 30 years had a 12% return) will have 1 million dollars in their 401k by age 65. A 12% return would have them be a millionaire at age 53.

That’s not bullshit, that’s just basic math. If they get raises or company matching 401k dollars then they’ll be a millionaire much much sooner. Teachers would even have pensions. If you get married you can often make multiple millions as a family.

This isn’t possible for everyone for a great number of reasons, but it CERTAINLY is possible for many people.

This reasoning explains a lot about myporsche’s completely cruel, unrealistic beliefs about people’s financial possibilities and life situations.

I have NEVER known a teacher with a financial worth approaching half a million without inheritance as the primary factor.

Ridiculous.

Lash wrote:

maporsche wrote:

What bullshit is that?


Someone starting at age 25, making $50,000/year (say being a teacher) who saves 10% in their 401k and gets even a 7% return (S&P the last 30 years had a 12% return) will have 1 million dollars in their 401k by age 65. A 12% return would have them be a millionaire at age 53.

That’s not bullshit, that’s just basic math. If they get raises or company matching 401k dollars then they’ll be a millionaire much much sooner. Teachers would even have pensions. If you get married you can often make multiple millions as a family.

This isn’t possible for everyone for a great number of reasons, but it CERTAINLY is possible for many people.

This reasoning explains a lot about myporsche’s completely cruel, unrealistic beliefs about people’s financial possibilities and life situations.

I have NEVER known a teacher with a financial worth approaching half a million without inheritance as the primary factor.

Ridiculous.

I’ve never known a teacher with a financial worth approaching a quarter of a million without inheritance as s primary factor.

HEY MYPORSCHE!!! D’ya hear the truth ringing in your ears???? You are OUT OF TOUCH WITH THE HUMANS. The people with flesh on the outside and blood on the inside. Google us!!!!

Teachers sell blood to make ends meet.

Yeah. Having families. Too expensive.

We are getting stupid with some stuff. There's no way I can charge Jordan with anti-Semitism in using $ to replace the S in Steyer. I think there is almost no possibility that he'd publicly post it if he had thought about the historical precedents. Far more likely he was just pushing the recent narrative that Steyer is controlling the Dems with his deep pockets.