They invested this money in bonds and real estate that produced $25,000 a year in interest and rental income. Harry and his wife, on the other hand, saved most of her after-tax income over many years, gradually accumulating $300,000. Tom and Dick spent all of their income, and were relying on Social Security to take care of them when they retired. Neither Tom’s nor Dick’s wives worked, while Harry’s wife worked 40 hours per week as an office manager making $50,000 per year (the same hourly rate as her husband). For example, Tom, who worked 20 hours a week, had a different work ethic from his brothers, Dick and Harry, who each worked 60 hours per week. While they were almost identical in most respects, they had somewhat different preferences and values. All three were employed as carpenters making $25 per hour, working 50 weeks a year. They were 45 years old, had virtually the same aptitude (skill), and were raised in the same home. O nce upon a time in the land of America, there lived triplet brothers named Tom, Dick, and Harry Class.
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