No. of Recommendations: 1
I have no friggin' "argument." I'm awaiting the conclusion just like everyone else, but I see no one--that's right, no one--providing convincing evidence that investing in the S&P 500 over a sustained period of time will result in a final figure of $92 million.

No one here has done it--obviously--but the "back of the envelope" must be a bazillionair by now.

So why don't you run the numbers yourself? You ask others to run the numbers for you and then throw it back saying you remain unconvinced. What more could we possibly provide to convince you?

Just to satisfy my curiosity, I ran them myself:

$10k initial, $12k added per year, 2% dividend. No taxes, no expenses.

Start 1/4/65, ending value on 1/2/13 = $8,622,136.90 (a bit less perhaps due to annual investments rather than monthly)

Start 1/4/60 with $8,622,136.90, take out $60k per year, ending value on 1/2/90 = $90,539,174.39 ... Certainly in the same ballpark which convinces me beyond any doubt whatsoever.

It took me longer to write that than it did to make the spreadsheet (from scratch) to do the calculations {shrug}

Simple question, do you believe IULs provide a better rate of return than buying into S&P? If so, can you provide something (anything) to back up your answer?

I'm beginning to wonder what your point is since it became muddled a hundred posts ago.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.