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350z
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<blockquote data-quote="AcidicDreams" data-source="post: 1810536" data-attributes="member: 558974"><p>yah if you can come up with 16k invest it in market funds...</p><p></p><p>16,000</p><p></p><p>12% (avg stock market index growth over the last 60 years)</p><p></p><p>42 years till you are 60</p><p></p><p>you could retire at 60 with 2,410,418.... now take that money invest it in bonds yeilding 8% and take out payments per month for 30 years assuming in the future you could make it to 90</p><p></p><p>you would get a <span style="font-size: 14px"><strong>$17,686</strong></span> check <span style="font-size: 14px"><strong>EVERY MONTH!</strong></span></p><p></p><p>that's 212,232 a year till you die.... even accounting for inflation that should be plenty to retire comfortably on...</p><p></p><p>or you could struggle to pay for a 350z + insurance + gas and drive around in a car that loses value day by day and with every mile you put on it...</p><p></p><p>hmmm... what makes sense....</p><p></p><p>then save up again and buy a 3k car that gets you around....</p></blockquote><p></p>
[QUOTE="AcidicDreams, post: 1810536, member: 558974"] yah if you can come up with 16k invest it in market funds... 16,000 12% (avg stock market index growth over the last 60 years) 42 years till you are 60 you could retire at 60 with 2,410,418.... now take that money invest it in bonds yeilding 8% and take out payments per month for 30 years assuming in the future you could make it to 90 you would get a [SIZE=14px][B]$17,686[/B][/SIZE] check [SIZE=14px][B]EVERY MONTH![/B][/SIZE] that's 212,232 a year till you die.... even accounting for inflation that should be plenty to retire comfortably on... or you could struggle to pay for a 350z + insurance + gas and drive around in a car that loses value day by day and with every mile you put on it... hmmm... what makes sense.... then save up again and buy a 3k car that gets you around.... [/QUOTE]
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