Winnipesaukee Forum - View Single Post - Top 25 Small Towns with Big Millionaire Populations

Biggd · 09-10-2020, 08:36 AM

Back in 1972 when I started working full time they told you if you put $2000, max at that time, in an IRA every year that you would have 1 million when you retire. But they didn't tell you that that 50 years later you would need 5 million to retire.

09-10-2020, 08:36 AM	#28
Biggd Senior Member Join Date: Nov 2016 Location: Waltham Ma./Meredith NH Posts: 4,089 Thanks: 2,205 Thanked 1,187 Times in 754 Posts	Back in 1972 when I started working full time they told you if you put $2000, max at that time, in an IRA every year that you would have 1 million when you retire. But they didn't tell you that that 50 years later you would need 5 million to retire.

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