Friday, 23 December 2011

Georgetown University-Finance Professor-Retirement

Retirement Roulette

These days, William droms can shock people in two different ways. When he’s in his classroom at Georgetown University, the finance professor tells his students how much they’ll need to save on their own, year by year, to retire. Start saving early enough, he says, and you could sock away a million bucks by putting away just 4 percent annually. They’re pretty confident they can do it, he says, until they see how fast inflation eats away at their nest egg. read more..

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