Quote (Drakwen @ Dec 17 2018 04:06pm)
Believe it or not, most retirees don’t have a million in anything hell some of them live month to month on bs fixed income and eat cat food. You live in a dream world where everyone retires a millionaire. This question is would you rather have millions given to you or would you rather earn millions. It’s a simple question and tbh a lot of people will answer the opposite of what they have because everyone wants what they don’t have, even if that is a sense of accomplishment. The outcome in said question is supposed to be the same when in reality trust fund is guaranteed rich and work is not.
You fucked up in life if you're in North America and can't achieve a million in networth before 60.
I'll take the money upfront over the stress.
Disclaimer this is addressing 2x year olds not boomers or Gen x. Although boomers should most definitely it was the largest wealth building period in history.
People should be able to save 15,000 a year from 25 to 60. I mean my God that's only a mortgage which is just forced savings.
This post was edited by SBD on Dec 17 2018 02:15pm