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Politics : PRESIDENT GEORGE W. BUSH
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To: Wayners who wrote (672577)2/17/2005 4:01:10 PM
From: Peter Dierks  Read Replies (1) of 769670
 

wage       save   earn    gross  infl adj'd
25000  -  2250             2250	   2250
26250  -  2363     180	   4793	   4703
...
194045 - 17464  105471  1441324 1027359
203747 - 18337  115306  1574967 1119908
213934 - 19254  125997  1720218 1220363

Assume (45 years):
Wage            25000
Wage Inflation   0.05
Inflation        0.04
Interest         0.08
Contribute       0.09

 - - - - - - - - - - - - - - - - - - - - - - - -

wage       save   earn   gross  infl adj'd
25000     1000            2250     2250
26250     1050    180     3480     3390
...
194045   7762    49221   672243  477781
203747   8150    53779   734172  520599
213934   8557    58734   801463  567066
Assume (45 years):
Wage	25000
Wage Inflation	0.05
Inflation	0.04
Interest	0.08
Contribute	0.04

 - - - - - - - - - - - - - - - - - - - - - - - -

This would be the low wage earner. Now for many of us we can quadruple or more this number. Even if we did not save much we could live ok an a $2.2 million dollar based anuity after retirement.
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