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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (323853)	1/31/2007 11:04:11 AM
From: TimF	Read Replies (1) \| Respond to of 1578204

I think I remember the average person earns less than $300K in their lifetime (more than 25 working years). I think it would be more like 40 working years. But lets even just take 30. $300k over 30 years is $10k a year. The average income in the US far exceeds $10k a year.

To: Road Walker who wrote (323853)	1/31/2007 11:28:14 AM
From: Tenchusatsu	Read Replies (1) \| Respond to of 1578204

JF, > Like I said, over a Million ($1,121,100 to be exact). I think I remember the average person earns less than $300K in their lifetime (more than 25 working years). $300K over 25 years is $12,000 per year, or $5.77 an hour. As for earning over $1M in a lifetime, remember that it's before taxes. By the way, I don't mind a forced savings plan if people can't be trusted to save on their own. If only the government actually did put the money into an interest-bearing savings account ... Tenchusatsu