The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Strategy comparison S&P500 vs. IUL [rev 1]||Date: 4/8/2013 12:12 PM|
|Author: aj485||Number: 71800 of 73956|
~ Starting balance in IUL and S&P of $10,000
~ Monthly contribution $1,000 to IUL and S&P
I bypassed this earlier, but now that you've repeated it, I have to ask...
Do you realize how much this is??? Now absurd it sounds?
$1000/mo is $12,000/yr.
It's especially ridiculous because the median family income in 1965 was only $6900, up about $310 from 1964, according to this information from the Census Bureau http://www2.census.gov/prod2/popscan/p60-049.pdf
But as one of my former managers who was really good in sales used to tell me - Don't let the facts get in the way.
|Copyright 1996-2013 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|