nickg on Nostr: If you start with $1,000,000 now, grow it at 5% per year for 30 years, you will have ...
If you start with $1,000,000 now, grow it at 5% per year for 30 years, you will have $4,321,930 to retire with, pre inflation tax.
If you assume 15% inflation tax over those 30 years, it will amount to just $65,266.
The erosion of your savings is fast accelerating.
401k’s are a joke. Do not fall for them.
Save yourself, be free from fiat.
#Bitcoin
Published at
2025-06-02 19:08:24 UTCEvent JSON
{
"id": "9130114fff4ae2eba5c0f562a95b9c7a04dcdc4dde2e17016508d311e097ce5a",
"pubkey": "d2d1d87ff1c3fe74d4646c6ce3178c8ab2652771c94ba96bd3d21475c03399fa",
"created_at": 1748891304,
"kind": 1,
"tags": [
[
"t",
"Bitcoin"
]
],
"content": "If you start with $1,000,000 now, grow it at 5% per year for 30 years, you will have $4,321,930 to retire with, pre inflation tax. \n\nIf you assume 15% inflation tax over those 30 years, it will amount to just $65,266.\n\nThe erosion of your savings is fast accelerating. \n\n401k’s are a joke. Do not fall for them. \n\nSave yourself, be free from fiat. \n\n#Bitcoin",
"sig": "1d02c6bbcf199471b19e905686e97b5c08d475c1973f8464bd8949c41270c4155ae20bba939a11102e6e635c4dba7c7512a80984b559db9d44cf6c341e958da9"
}
