I've never thought of this. I did the detailed calculation by year using the two scenarios that you outlined and the annual rate of return you would need is 25.2% for the 0.8% contributors and 14.67% for the 4.4% contributors. That's a great deal for feds!
I've never thought of this. I did the detailed calculation by year using the two scenarios that you outlined and the annual rate of return you would need is 25.2% for the 0.8% contributors and 14.67% for the 4.4% contributors. That's a great deal for feds!
That's great!
Great to know....thanks!
🙏
Who gets an annual pay raise of 3%? I haven't seen a pay raise in 5 years.