Posted: May 2nd, 2016

Considering The Theory of Cumulative Disadvantage, how might you encourage success in retirement in a capitalist society?

Considering The Theory of Cumulative Disadvantage, how might you encourage success in retirement in a capitalist society? Go to Bankrate.com and click on Savings: simple savings calculator. Enter numbers from $10 to $100 as the initial and monthly savings over 50 years at the 6.75% interest rate. Discuss what you find and should the government require monthly savings as a means to offset the Cumulative Disadvantage. Why or why not?