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submitted 1 month ago by [email protected] to c/[email protected]

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[–] [email protected] 3 points 1 month ago

Laws have changed since 1920, and even with 2008 and 2020 every ten year period will still see 10% growth from a diversified portfolio.
And even if 4.6 million doesn't buy what it did last year you can spend less than that for the compound interest to overtake inflation easily.