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
>>62626727>be failure to launch>Save millions by not paying rent>mommy gets cancer>lose all your savings>end up homeless
>>62627036Show us one time that happened, or you're just making shit up.
>>62627064Boy are you guys in for a wake up
>>62626539Normies live by the "that's a problem for future Homer" philosophy My ex wife's financial strategy: "if my bills are paid, why not spend the rest?"
>>62626680Gen x here. It's all true. The ass cancer and everything. Go live now, there wont be a later..there wont be a better time. Its over.
>I'm constantly browbeatenNo you aren't.
>>62626539>53She's either divorced and didn't get anything out of it, or she thought she'd marry and didn't.30's are usually the big wake up call. Getting to 50 without saving is next level.>>62626557It's a struggle, but if you focus on it, you can pull yourself together enough to get a job that allows you to put a little away within a few years. With roommates, you can save on basically anything 40hrs/week. Without roommates, it's going to be extremely tough below $50k. Either way, save what little you can and work towards higher pay.
>>62626568No you don't you lying faggot.>>62626597You have nothing you lying faggot.
>>62627036Launching requires parents setting you up for a good career, the constant whining about 'failure to launch' is from seething faggots paying rent/a mortgage they can't afford or from parents who fucked up. Literally all you have to do is help your kid, how hard is that?
>>62626539no big deal if she's taking care of her health because like any other peasant throughout history she'll be slaving away until death
>>62626557The average normies life style is.>> Finish school, >> immediately move out of parents house with a junior job paying minimum wage.>> Want to go on holidays, have a car, rack up 20-30k of bad debt.>> Party, take out regularly, all savings go towards buying shoes, make up, a random bag.>> Slowly ascend to middle income but entire pay cheque growth gets eaten up by debt payments that have now ballooned.>> Find some other goy also in the same position, marry, have kids.>> Kids + renting + mortgage + the vice of 2 people and little income causes financial ruin.>> Marriage breaks down.>> Divorce, split the house and like 20k of equity built in >> Women live by themselves, buy a car and spend time fishing for company on dating apps as cougars.>> Men sell everything and move to Thailand/veitnam to start the next chapter of life getting scammed by 20 year old Thai lady.
>>62627318>Launching requires parents setting you up for a good careerFunny it never did before you
>>62626597>10 percent interest
>>62626539>53yearsyoung
>>62626539Assuming that person is being serious, the phrase is work hard AND SAVE YOUR MONEY. If you work hard and spend all your money don't act surprised that you have no money and can't retire.
>>62626539imagine watching tv and every episode (20 mins) theres ads trying to sell you something (10mins)if you watch tv all day that would be 80 minutes of many ads forcing you to watch and contemplate a purchase multiple times a day. you can see why many american idiots have no money.
>>62627736It is INSANE, it never used to be that bad. I don’t have cable (I’m 29yo and only pirate anime off nyaa.si) but growing up watching Cartoon Network + Disney it was never this bad.Imagine the time wasted from ads, it’s unreal anyone is stupid enough to still use cable.
>>62627736imagine reading white incel blogs and every post (15 seconds) theres incels trying to sell you something (15 sec)if you read white incel blogs all day that would be 480 minutes of many ads forcing you to read and contemplate a destructive idea multiple times a day. you can see why many American white incel idiots have no money or gf.
>>62626539Because they didn't have to worry, ever. The average boomer spent life constantly falling upwards so they never learned otherwise. You had to be the mother of all fuck ups to actually fail at life.
>>62626539why would you retire at 50. you'll be working another 15-20 yrs. and also 50-60 is prime earning years if you can land in a senior position
>>62626539Most people are goy cattle who only think about present day consooming.
>>62627596
Retired in my 20s. I mog tons to of 50+ year olds lel
Gold and silver has outperformed the stock market since everyone here was old enough to work. Niggers saying muh stocks are literal goyim slaves.
>>62628303Gold and silver has underperformed the stock market since everyone here was old enough to work. Coin merchants saying muh metals are harvesting 20% fees everytime you buy and sell
>>62627837most based post I've seen in a while. Reality check alert
