Posted On: 07/20/2016 11:36:13 PM
Post# of 65629
You do not need to provide anything of sort....your rate of return is between a rough 0% to 5% max. The wealthiest individuals can actually have a negative return.
The lowest income earners have the highest rate of return. That was the trap I mentioned. Point is...no one cares if the lowest earners have the highest returns....because....it's all about paying forward.
If I died tomorrow.....my money gets wiped out given no spouse. My son gets none of that...because that will go to others(not him...or anyone in his age group.
If you are a two earner couple born circa 1955 middle income ... you are around 2.5%(ROR)...low....3.5%...poor...4.5%
Important to know these things.
The lowest income earners have the highest rate of return. That was the trap I mentioned. Point is...no one cares if the lowest earners have the highest returns....because....it's all about paying forward.
If I died tomorrow.....my money gets wiped out given no spouse. My son gets none of that...because that will go to others(not him...or anyone in his age group.
If you are a two earner couple born circa 1955 middle income ... you are around 2.5%(ROR)...low....3.5%...poor...4.5%
Important to know these things.
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