https://t.co/AqPdqKvi1G
https://t.co/ZiJz531xsV
https://t.co/hvPoPXShNN
Here's the links to the new episode!! Also is out on another great podcast app called @GoodpodsHQ !!
CAN SOMEONE EXPLAIN THIS TO ME WITHOUT MAKING ME FEEL DUMB?
I make about $85,000 a year. Between what I pay and what my employer pays, around $10,500 goes into Social Security every year.
Over a 40 year career, that's $420,000.
If that same $10,500 a year had gone into an index fund averaging 7%, it would be worth about $2.1 million at retirement. Take out 4% a year and that's about $84,000 a year, and the money never runs out.
Social Security says I'll get $2,650 a month at 67. That's $31,800 a year.
$84,000 versus $31,800.
THEN WHY IS IT CALLED "WHAT YOU PAID IN"?
I'm not trying to start a fight. I genuinely want someone to show me where the rest of it goes.
Check out the latest article in my newsletter: Introducing Two Powerful Frameworks for Driving Performance and Leadership Excellence https://t.co/JzcFK7D6qZ via @LinkedIn
🚗✨ What’s good, everyone! Happy Wednesday! I’m Jazmine Booker, host of Auto Talk with Jazz. Ever wondered what it's like being a woman in the automotive industry? Let's dive into some real talk. 🧵
12/ Follow me on LinkedIn, Instagram, and Facebook for more insights and stories. Your suggestions for future topics are always welcome. Let’s make the automotive space better, one conversation at a time. 🛠️✨
By following these key management principles, you can transform your workplace dynamic and get everyone working together towards shared success. Thoughts? What would you add?