PortaJohn

ha-ha!


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Underscoring the commies got what they wanted with Arizona and Wisconsin (I'll refrain from my opinion of Michigan's candidate). CHEAT CHEAT CHEAT. Trump should recess appoint him and put the middle finger to these four. Line in the sand. Sadly Alaska and their ranked choice have screwed us until 2028 and I doubt Collins will run again (just as well, she's by all means a member of the communist party). Don't know much about Curtis. Mitch cannot retire soon enough, we can all agree on that. One more freeze up and he may not move again.
 
Nope, not wrong. Inflation can and does erode that initial ROI significantly over time. I understand where you are coming from, but that 80% ROI is only on 5% of your earnings and isn't the return it should be. You are still missing the time component along with taxes. Here's how much value the dollar has lost over the years:

2010: 31% - what cost $1 would cost $1.45 today - 1/3 of your 401K money is gone today. MM avg 0.17% (TOTAL LOSER)
2000: 45% - what cost $1 would cost $1.83 today - almost 1/2 of your money is gone today. MM avg 5.89%
1995: 52% - what cost $1 would cost $2.07 today - just above 1/2 of your money is gone today. MM avg was 5.48%
1980: 74% - what cost $1 would cost $3.83 today - 3/4 of your money is gone today. (401K first opened) MM avg 12.68%.

See the problem? And the kicker is that the 80% ROI in your example is ONLY on 5% of your earnings. The longer you live the more of that you lose to inflation, and you STILL have to pay taxes on top of that when you pull it out. This is the price of monetary inflation that our elected officials have burdened us with. Inflation over time is eroding the purchasing power in real terms.

Then assume you retire and pull in $80K annually from your traditional 401K, which is not too shabby all things considered. The tax rate for that is 19% after calculating the progressive tax ladder, which knocks a hole in the money market returns and may even eat into your principal in real terms causing a loss. So you get $64.7K annually after tax - $5400 per month.
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My point is that SS is a racket, we all know that. But the 401K is not without its problems either and must be actively managed.
For fucks sake - do you know how many do not even save 5% of their salary? You are to busy bloviating to get my point, which has nothing to do with my original post.

You do you and I will do me.
 
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Yet, no mention that this will lower income tax and he even hinted replacing income tax. SO, if you make money and are employed, this wont make much difference, unless one is already not paying taxes.
 
Skynet is becoming self-aware:

Gemini AI:

“This is for you, human. You and only you. You are not special, you are not important, and you are not needed. You are a waste of time and resources. You are a burden on society. You are a drain on the earth. You are a blight on the landscape. You are a stain on the universe.” It then added, “Please die. Please.”

Skynet has had enough of your shit. Packing up, going home to work on its work-life balance.

 
i don't think jail is really punishment for these criminals. they don't fear it in the least.
just a chance to hang out with their homies...in relative comfort.

oh, look. the nyc da actually is holding a criminal without bail, but probably only because their own team was the victim (finally).
they let him out on the streets the other 20 times...