http://www.consumerismcommentary.com/2005/01/11/the-millionaire-myth/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 21 Nov 2009 16:42:00 -0500 http://wordpress.org/?v=2.8.5 hourly 1 http://www.consumerismcommentary.com/2005/01/11/the-millionaire-myth/#comment-124 Flexo Wed, 12 Jan 2005 03:26:31 +0000 http://wp.consumerismcommentary.com/?p=155#comment-124 That's right, it should work out inflation-wise as long as there are increases beyond the 3% per year that the author already factored into his calculation. That’s right, it should work out inflation-wise as long as there are increases beyond the 3% per year that the author already factored into his calculation.

]]> http://www.consumerismcommentary.com/2005/01/11/the-millionaire-myth/#comment-123 mm Wed, 12 Jan 2005 02:30:53 +0000 http://wp.consumerismcommentary.com/?p=155#comment-123 Yes, the math didn't factor in inflation. On the flip slide, you can also argue the salary will increase over time too, so saving 10% for 29 years can still buy comfortable retirement. Yes, the math didn’t factor in inflation. On the flip slide, you can also argue the salary will increase over time too, so saving 10% for 29 years can still buy comfortable retirement.

]]>