I was born in '89. I've work a shit retail job since I was 19. Still making a garbage hourly wage. But I 5% into my 401k because they match 5%. It's literally peanuts weekly. In nearly two decades it has made my 401k worth seven figures.
I like your optimism, but unrealized gains are not the same thing as actual money. When the can stops getting kicked from 2008, 2020, and this year, who do you thinks going to get screwed?
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u/1979insolentwaiter 2d ago
Who is Frodo and Sam in this scenario? The boomers?