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Trump for prez?
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<blockquote data-quote="LightBnDr" data-source="post: 671851" data-attributes="member: 9031"><p>Ok so I'm gonna go out on a limb with quick math in my head. </p><p></p><p>Say you make $10,000 a month. You invest 6% into your account, your employer invests 6% to match you. </p><p></p><p>End of the year that leaves $14,400k you put into your account. </p><p></p><p>You cash out just before end of the year. You pay a 25% penalty. Assuming you would pay what I paid. </p><p></p><p>So out of the $14,400 you walk away with $10,800. You paid $3600 in penalty. You paid about 2% less in taxes than what you would have paid had you kept it through the year. Plus an extra $3600 that your company gave you as a "bonus" for drinking so much craft beer. So now at Christmas time every year you have at least $10,800 unless the market craps. Kinda like a savings account that blows the current inflation rate out of the water. </p><p></p><p>Then you can afford to buy and rehab those couple of extra rental props within a 5 year period? How old are you? You're like 25 right? </p><p></p><p>Psssh no brainer. That's an extra carbon fiber leg just cuz you want one. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></p><p></p><p>Like I say, quick math. Correct me if I'm wrong</p></blockquote><p></p>
[QUOTE="LightBnDr, post: 671851, member: 9031"] Ok so I'm gonna go out on a limb with quick math in my head. Say you make $10,000 a month. You invest 6% into your account, your employer invests 6% to match you. End of the year that leaves $14,400k you put into your account. You cash out just before end of the year. You pay a 25% penalty. Assuming you would pay what I paid. So out of the $14,400 you walk away with $10,800. You paid $3600 in penalty. You paid about 2% less in taxes than what you would have paid had you kept it through the year. Plus an extra $3600 that your company gave you as a "bonus" for drinking so much craft beer. So now at Christmas time every year you have at least $10,800 unless the market craps. Kinda like a savings account that blows the current inflation rate out of the water. Then you can afford to buy and rehab those couple of extra rental props within a 5 year period? How old are you? You're like 25 right? Psssh no brainer. That's an extra carbon fiber leg just cuz you want one. :) Like I say, quick math. Correct me if I'm wrong [/QUOTE]
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