what the fuck have they been doing their entire lives?I'm constantly browbeaten for not starting my investment fund in my 20s, you mean to tell me there's people in their 50s who never got shamed for that?
>>62626539I had a 401k in my twenties.But didn't save other than that
>>62626539most people can't afford to savehave expensive families and kids to pay for and stuffhave poor financial habitsdon't understand the importance of investing and time in the marketto the average normie buying the S&P sounds like going to vegas and putting it all on red
>>62626557what makes you think this is most peoplewhat makes you think you are special or above most people?most people I know have been investing since they were 19-25most people I know hit their first 100k before hitting their 30s
>>62626539this is why social security is so expensiveall they had to do was put $5 a day away for 30 yearsit is literally that easy
>>62626568statistics > your (false) anecdote
>>62626592that is almost nothing
>>62626597now extend it 10 years since people retire at 60 not 50this is also the absolute minimum - there is no early retirement
>>62626539>53 years young
>>62626539look at the profile pic, its a women
>>62626592if your pensions policy doesn't assume that most people are retarded and have zero future planning ability it's a bad pensions policy
you either make it this bullrun or end up like her
>>62626539I wonder how often you think of death. Does retirement make you immortal as well? Or is it for prolongation? You save a piggy bank and then grow frail. Is this your security?
>>6262653950s is gen x. they grew up after the easy mode that boomers had and most gen x hasnt been able to save because cost of living. they wont be able to retire until they are 80 or so. millennials will die working and zoomers will get ass cancer and die before 30 anyway so might as well spend everything now and enjoy life before the big kike war and depopulation event
>>62626539The only reason you can afford to invest is because you live with mommy in mommy's house.So in reality you also don't have a retirement account, mommy does
>>62626690It's purely based on speed and efficiency. What's the point in investing if you're not close to the center? Information is slower and you just get rugged. That seems to be the foundation the "stable" investment funds are based on. I'm curious if buffets strategy was meant to be reliable for eternity. That would make him great but immortal?
>>62626597$300k is literally life changing money for these boomers
>>62626690If you’re not willing to play that game, don’t be jealous at people who do.
>>62626720What is the national debt at again? The ai increased the skill floor for everyone but there's been no adjustments in hiring standards. Industrialization brought new jobs but ai? You're all invested in ai.
>>62626597Interest compounding shouldn't be set to annual
>>62626557>most people>have poor financial habitsfixt it 4u, retard
>>62626597The interest rate is 5% adjusted for inflation
>>62626539Rage bait but if notDie
>>62626592>buy $5 of MSFT every single day for 25 yearsIt's literally that easy
