Double Your Stock Returns With No Effort

But for the $1 MM plus in capital gains taxes I’d be paying, I wish I had more of my money in low-fee index funds today.

{{ I’ve said in many columns that, based on history, a long-term investor needed to stay in the stock market for at least a decade, and preferably longer, to have a high probability of an excellent return. Mr. Ellis said that’s still too short to enjoy all the benefits of long-term investing. Instead, Mr. Ellis advised, think 60 years — or longer.

Really, I asked? Who has that kind of investing horizon? }}

Anyone who is saving for retirement. For most, it will mean 25-30 years of saving for retirement, and God-willing, 25 to 30 years of spending the money in retirement.

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Another great reason to take your Social Security at 62. Thank you.

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Great reason for who? {{ LOL }}

Since I retired before my AIME reached the 2nd bend point in the calculation, I’m
getting a much larger benefit per dollar of FICA taxes paid than someone with 35 years of max-FICA earnings.

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