09-12-2011, 09:25 AM
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Let's do some business!
Industry Role:
Join Date: Sep 2004
Location: Austin, TX
Posts: 31,355
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Quote:
Originally Posted by woj
that strategy doesn't really work...
a. saving 15% of your check is not as easy as it sounds
b. you have to wait 30 years for that million, which by that time is worth closer to $400k or less
c. and by the time you reach it, 30 years of your life are gone, you are 65 and probably too old to do anything fun... IF you even make it, could die of cancer or something when you are 55...

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Sounds like a better plan than Powerball tickets every Friday night.
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