Yo DUmmies.
If you reduce your reefer budget by $166.00 per month at age 20 and put it in an index fund and contribute that amount for 30 years total payed is $60,000.00 Then at age 50 stop contributing but leave it there and assume 5% annual interest (should be more like 9%) at age 60 you will have $202,000.00 Keep it there to age 65 you have $258,588.00 at age 70 $330,031.00 You cannot do this is a democratic/socialist economy.