X @Kraken
Kraken·2026-01-28 18:57
RT Arjun Sethi (@arjunsethi)I was onsite today for the announcement of Trump Accounts. Social Security provides a critical safety net, replacing about 40% of pre retirement income for the average worker and paying out over $1.3 trillion per year. It is an income system, not an asset system.Trump Accounts aim at something different, long term capital formation. A $1,000 investment at birth growing at 7% becomes about $30,000 by age 18, $76,000 by age 30, and over $500,000 by retirement.At scale, the math bec ...