[elweston2]

Plus the OTHER 32k they have saved. Over 30 years that is an extra 50,000.

You could save it for 15 and have 37k (7k interest)after 15 years. Or 0. You could save it for 30 and have 126k (54k interest) after 30 years. Or 0.

[falcolas]

$56k of earnings in exchange for freezing $70,000 of your income for 30 years? That seems insane if I'm honest.

If it were FU levels of money, or even 100%+ returns, I might think differently. But I can't imagine someone locking away $70k of their earnings for 30 years for only a 70% return.