Not exact matches
Fortune ran numbers to calculate how much
extra revenue the U.S. would need to raise,
over the next decade, if it lowered the rate of growth in Social Security by one
percentage point, reduced increases in Medicare, Medicaid, and other health care spending by a proportional amount, and held discretionary spending below growth in GDP (albeit from the higher base established by the new laws).
It looks like you are right, but I'd contend a stock / bond portfolio risk is worth the
extra percentage points you'd gain
over 30 + years (there will be more volatility).
The math I worked above showed how much
extra money you could get
over 30 years of saving and investing if your company boosted your 401 (k) employer match by a single
percentage point.
Simply getting an
extra point or half -
point can improve your winning
percentage by 2 - 4 %
over the long haul.
Reducing fees by even one
extra percentage point a year
over a 35 - year career can boost the size of your nest egg by roughly 25 %.
While it may seem like an
extra percentage point between friends is marginal, the 113bp average annual difference between the highest - yielding decile and the seventh - highest yielding decile is 2.5 x your money
over this ultra-long sample period.