Why don't more people just invest into index funds for 45 years and get rich that way?
10% annual returns cant be ensured tho
>>62234384The orange mans stock market
>>62234351Because life ends after 40
>>6223435110% you is the long running average but in the real world, we have down years. We've had down decades, and we will again. It's not a guarantee but over a long enough time you can expect these kinds of parabolic returns if and only if you extrapolate the long running average. Indeed funds are a good idea, but it's retarded to imply modest contributions will make you retire rich. If you want to retire rich or early you need large contributions as early on as possible. By the time you're 40, your contributions are two decades behind those of your twenties; if we assume it's truly parabolic, that means they are 1.1^20 times (~6.5x) more valuable in your retirement than a similar sized contribution in your 40s.It is largely free money to buy and hold index funds for your lifetime, but it's crucial you start very early so you can capture parabolic returns and slowly take money out of the market to secure your gains. Otherwise you'll be an unlucky soul and try to retire in a down decade. This means if you follow a normal strategy of moving more and more money into bonds and stable return commodities, you'll move further and further away from that 10% average. So in reality your contributions need to be very very large as you age, so the only real strategy is to start early and with many thousands.This isn't feasible for most, so most people try to make it up with larger contributions as they age. >t. I'm 27 and have 150k in my 401k
>>62234351>dude just wage slave for 45 years That’s the backup plan, but I’d really like to not have to do that.
>>62234351No
>>62234516>but it's completely realistic to imply modest contributions will make you retire richftfy anon. Sorry about your inability to math, you should sue your high school teachers for malpractice.
>>62234446Pretty much this. I wanna have money when my dick still works and I don’t look like shit
>>62234567So invest $500/mo instead of a mere $100/mo. ezpz
>>62234384Yes but most people can invest more than $100 a month.
>>6223444640 is when life begins.>>62234516You're rich as a child.
>>62234351It's like asking why people don't exercise and eat less to not become bloated land whales. Only a small portion of the population is capable of deliberate planning and execution, especially when it means delayed gratification.
>>62234351At 75 my real life can begin.
If someone at 20 years old wants to even become remotely wealthy worth billions they have to start working immediately at a wagie job saving 30k a year plus they have to do a business on the side like ebay or some kind of service for 10 years to even get close to making 1 million by the time they are 30.And 30 years old is OLD. 10 years go by, you're 40. You're at best in the half point of your life.If you're like 60+ and still broke its over for you.
>>62234384OK, let's say it's 5%. They'll still bebetter off than their peers that are working until they're 90
>>62237329>You're at best the half point in your life even though you'll live to 100???
>>62234351I try to get my coworkers to do at least this into a roth ira. They complain they already live paycheck to paycheck, but then they turn around and throw money into their sports betting app. >but you could save like 80 dollars a month if you just reduced your phone plan. Do you really need unlimited 5g data when you have wifi everywhere you goNO YOU JUST DON'T GET IT, I NEED THAT DATA JUST IN CASE, OKAY! HOW ELSE CAN I STREAM SPOTIFY IN THE CAR 24/7!>how about you get a roommate, you could cut all of your living expenses in half and invest the restUM, EXCUSE ME! I AM JUST KIND OF WEIRD AND I LIKE MY PRIVACY. THAT'S JUST MY THING, OKAY, DON'T JUDGE ME!
>>62237348Nobody is living to 100 in 2026, my sweet summer child. Maybe 80 tops with all the shit food, lack of exercise, doordashing, terrible lifestyles, vaping. Zoomers are fucked.
>>622343511.4m will be nothing in a ew decades. its barely anything now.
>>62234516I started at 27 and deeply regret my wasted younger years. You're doing good.
>>62237500Fuck off with this shitty fucking logic. I'd rather have 1.4 million of inflated money than 20k of inflated money. If you are so obsessed with inflation, then you could also inflate the monthly contributions into the investments, because 100 dollars a month is barely anything now, and if someone doesn't change that contribution over 50 years then they're retarded.
>>62234536I'd rather wage slave for my first 45 years than wage slave for my last 30 years when I'm tired and old and my bones hurt. I intend to be retired by 45-50 at the latest. And it's not even all from wageslaving, I also am house hackign where I have 3 roommates paying my mortgage with a little extra. But young people this generation are too fucking spoiled to consider roommates even when they just sit in their room all day and watch netflix. I should hopefully have a paid off house by 50, maybe I'll go part time by my early 40s just for the benefits and to pay the utilities. Then you'll be working until you're 90 and I'm supposed to feel bad for you because you "yolo'd" your whole youth
>>62234384it can with STRC
>>62234351Because you can go all in on micron, uranium and gold miners and be done in 10-15
>>62237541cry harder poor person. 50 years from now 1.4M will be nothing. the op should point out you need to save far more and 10% annual probably wont happen.
>>62237817Then what should a person buy for 45 years?
>>62234516Dividends are less than half as volatile than the market. There have only been 2 significant dividens cuts in US history. If the nav shits 50%, youll still get 80%+ of your dividends
