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I am so under that figure.
$4.7 billion and the average of $253K a month. Wow- no worry of keeping the lights on here. Interesting info on deferred savings to companies that have no cap- where those of us working for it have limitations.
$4.7 billion and the average of $253K a month. Wow- no worry of keeping the lights on here. Interesting info on deferred savings to companies that have no cap- where those of us working for it have limitations.
$253,088 monthly in retirement? Nice to be a CEO
Posted from msn.comPosted in these groups: 
Money
Retirement
Money Retirement
Posted 8 y ago
Responses: 8
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That is alot of money. I'm not really going to comment on any "rights or wrongs" because it would be an uneducated opinion.
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Maj Marty Hogan
PO3 Ricky Foster I don't think it is right vs wrong; I file it into let me have the same option. More tax deferred- no cap etc. I would have set up my life on one income and saved my wife's entire income every year. That entails not spending more than you make etc, but we click like that any way.
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good stuff... I could use 10% of that monthly... lol i have some ground to make up for the future lol
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The key seems to be that these 100 CEOs invested very well and their retirement funds have grown to be significant Maj Marty Hogan. I don't begrudge people for doing well in their investments and leveraging company matching funds which many salaried people do.
"The nest eggs of those chief executives are large enough to generate an average $253,088 in monthly retirement payments for the rest of their lives, the report said. The 100 CEOs studied have retirement funds equal to the entire retirement savings of 44% of white working class households, 59% of African-American families, 75% of Latino families and 44% of female-headed households, the Institute found."
MSN is more socialist in their outlook, which is why they compare the retirement of 100 people to percentages of groups of people.
"The nest eggs of those chief executives are large enough to generate an average $253,088 in monthly retirement payments for the rest of their lives, the report said. The 100 CEOs studied have retirement funds equal to the entire retirement savings of 44% of white working class households, 59% of African-American families, 75% of Latino families and 44% of female-headed households, the Institute found."
MSN is more socialist in their outlook, which is why they compare the retirement of 100 people to percentages of groups of people.
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