Here it is.
Assumptions:
401(k) - $2500 contribution. $2500 employer match. 7% annual return (long-term average return for equities).
Obama Plan (Guaranteed Retirement Account) - $2500 contribution. $600 government match. 3% guaranteed annual return.
Besides killing a 25 year bull market, Obama's Plan will sentence our children to a retirement of poverty.
1 comment:
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