Out of that $2 million equivalent, how much was contributed by the employee over a 30 year career? What is the Future Worth of that 30 year annuity the employee put in over that 30 year period, including the 20 or 30 year drawdown time?
Why don’t you finish your analysis instead of pretending, falsely, that the taxpayer is responsible for that full $2 million equivalent.
I wait with baited breath for your full analysis of the 3 amounts that equate to $2 million.
Contact writer Rich Karlgaard, Forbes Magazine.