• @RBWells
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    English
    216 hours ago

    Right but inflation will eat at that. If they have a million in 40 years it won’t be worth a million of today’s dollars.

    • @[email protected]
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      fedilink
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      115 hours ago

      It takes inflation into account. 7% is the average long-term stock market return after adjusting for inflation. Without inflation the rate would be closer to 10%