SnausagesinaBlanket to No Stupid Questions@lemmy.world • 2 years agoUS Question. Will the people that have to wait until 70 to get Social Security ever get what they paid in to it back out before they die since men's life expectancy is only 77 now?message-square33fedilinkarrow-up1124arrow-down15file-text
arrow-up1119arrow-down1message-squareUS Question. Will the people that have to wait until 70 to get Social Security ever get what they paid in to it back out before they die since men's life expectancy is only 77 now?SnausagesinaBlanket to No Stupid Questions@lemmy.world • 2 years agomessage-square33fedilinkfile-text
minus-square@Anamnesis@lemmy.worldlinkfedilink24•edit-22 years agoNo average year of IRA return will beat the 6.8% interest or more that a lot of us are paying on student loans debt.
minus-square@EatYouWell@lemmy.worldlinkfedilink2•2 years agoOver the lifetime of the investment account, it should outperform the interest you’re paying. You don’t want to track your retirement investments from year to year since the market constantly fluctuates, but it’ll still trend up 6-9%.
No average year of IRA return will beat the 6.8% interest or more that a lot of us are paying on student loans debt.
Over the lifetime of the investment account, it should outperform the interest you’re paying. You don’t want to track your retirement investments from year to year since the market constantly fluctuates, but it’ll still trend up 6-9%.