Originally Posted by
BoilerUP
Please tell me this is hyperbole...
I'm your age and don't have anywhere NEAR "most" of my retirement money saved up...hell even $100k today at an annual return of 5% only leaves you with $721k after 40 years of growth. Not growth to sneeze at for sure, and TVM does reward people who get a nest egg started early...but you and I are going to need MILLIONS in order to retire in 40 years.
Yes it is hyperbole, I'm basing it on my past and present performance as an investor vs. targets I've set for myself at certain points in my life. Although, the government is making it very difficult to plan ahead. I've been saving since 7th grade.