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Time to bump up that 401k
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<blockquote data-quote="Brownslave688" data-source="post: 5312129" data-attributes="member: 34439"><p>Raises were not over inflation for the past decade. Real inflation has been higher than they’ve claimed for decades. Just like right now it’s not 8-9% it’s more like 20%. Wages have virtually nothing to do with the current inflation. Compound interest isn’t just on investments. It’s simply compounding. Inflation interest is compounding also.</p></blockquote><p></p>
[QUOTE="Brownslave688, post: 5312129, member: 34439"] Raises were not over inflation for the past decade. Real inflation has been higher than they’ve claimed for decades. Just like right now it’s not 8-9% it’s more like 20%. Wages have virtually nothing to do with the current inflation. Compound interest isn’t just on investments. It’s simply compounding. Inflation interest is compounding also. [/QUOTE]
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Time to bump up that 401k
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