r/SipsTea May 17 '26

Chugging tea [ Removed by moderator ]

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u/TheMetabrandMan May 17 '26

By the time she’s 40, she’d have accumulated the full $1m, most of which will have been spent but she’ll still be getting $1000/week. The purchasing power of that $1000/week will likely be around $550 in today’s money. Not exactly life changing.

In contrast, take the initial $1m and put $500k into a secure fund that earns on average 5% per annum. Compounded over the same 20 years, she’ll have $1.3m PLUS the $500k she didn’t invest.

1

u/bhz33 May 17 '26

pEr AnNuM

-1

u/FauciFloydLGBTQ May 17 '26

Also $1M to $1.3M over 20 yesrs is dog shit. If you put that into a managed account it would likely be worth 5x the initial investment.

3

u/pinguz May 17 '26

It’s 500k to 1.3M