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triple sulk posted:401ks wont exist in 20 years anyway so who cares people itt get mad if you tell people to liquidate their 401k or defile Number and not contribute lol Source4Leko posted:When is this from? https://www.businessinsider.com/personal-finance/average-401k-balance
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Jul 21, 2020 03:37
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Jul 21, 2020 03:37
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triple sulk posted:401ks wont exist in 20 years anyway so who cares its pretty safe to bet that either 401ks exist, or they dont and everything will be on fire anyway, so may as well hedge ur bets and do lines of coke instead of investing
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Jul 21, 2020 03:37
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Scionix posted:so do we just keep shooting to the moon until november Money printer will go brrrr until the universe collapses, that's how you keep number going up. There will come a day, when line can only be graphed on a moebius strip
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Jul 21, 2020 04:04
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FistEnergy posted:just one
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Jul 21, 2020 04:07
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Centrist Committee posted:people itt get mad if you tell people to liquidate their 401k or defile Number and not contribute lol quote:while the average 401(k) savings balance is over $90,000, the median account balance is much less at $22,217, according to Vanguard's latest data, which was calculated in 2019. lmfao. "what wealth gap??"
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Jul 21, 2020 04:09
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PIZZA.BAT posted:lmfao. "what wealth gap??" According to that I have more wealth than half of all seniors. And most of the other age groups. That makes me very sad. What the gently caress is going on with this country? I'm being facetious. We're the baddies.
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Jul 21, 2020 04:38
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I always knew most Americans didn't have much saved for retirement but hooooooly gently caress are there going to be a lot of olds dropping dead in the middle of Amazon warehouses in the future.
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Jul 21, 2020 05:28
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I’m 30 and have never had a positive net worth as an adult between usurious student loans and a complete poo poo job market. burn the fucker down
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Jul 21, 2020 05:35
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Rising and rising in the widening gap The work cannot profit the worker; Things fall apart; the Number cannot hold; Mere anarchy is loosed upon the world, The money printer is loosed, and everywhere The call of options are drowned; The best lack all conviction, while the worst Are full of irrational exuberance. Surely some Correction is at hand; Surely the Second Depression is at hand. The Second Depression! Hardly are those words out When a vast image out of Spiritus Money Troubles my sight: somewhere in tubes of the internet A graph with V-shaped body and the axis of log, A slope as sharp and pitiless as a blade, Is fitting its slewed data, while all about it Reel shadows of the indignant twittering birds. The market drops again; but now I know That a century of steady growth Were vexed to nightmare by a fading scourge, And what rallying bull, its hour come round at last, Slouches towards Opening to be born?
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Jul 21, 2020 05:45
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triple sulk posted:401ks wont exist in 20 years anyway so who cares ya lol, 100% a scam. If you're under 45 cash it out first chance you get and convert that money to something useful you'll be able to use in 20+ years like canned peaches or ammo
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Jul 21, 2020 05:58
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if 401ks were a valid retirement mechanism for Millennials or even GenX we wouldn't be allowed to have access to them lol. Pick I know you are reading this, post so I can fight you coward
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Jul 21, 2020 05:59
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now do median
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Jul 21, 2020 06:03
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enraged_camel posted:now do median read harder
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Jul 21, 2020 06:03
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i aint never had a 401k in my life. im 35 worked every day since i been a teen. lovely little companies. pretty epic
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Jul 21, 2020 06:12
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Epic High Five posted:if 401ks were a valid retirement mechanism for Millennials or even GenX we wouldn't be allowed to have access to them lol. Pick I know you are reading this, post so I can fight you coward She is busy looking for the million dollars of nazi gold her father hid on his compound
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Jul 21, 2020 06:33
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What's the price tag on living in a functioning society?
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Jul 21, 2020 06:34
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Knight posted:What's the price tag on living in a functioning society? 1 mao
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Jul 21, 2020 06:35
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Scionix posted:so do we just keep shooting to the moon until november I would like to borrow against earnings I will gain from the infinite future Number.
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Jul 21, 2020 06:42
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Algid posted:Rising and rising in the widening gap 
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Jul 21, 2020 06:49
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I mean the really funny part about this is that even the average amounts are completely useless as retirement accounts
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Jul 21, 2020 06:53
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lmao
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Jul 21, 2020 07:18
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If you had the average amount, you could maybe retire comfortably somewhere in indochina. gg imperialism
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Jul 21, 2020 07:26
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Penisaurus Sex posted:I’m 30 and have never had a positive net worth as an adult between usurious student loans and a complete poo poo job market. Same.
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Jul 21, 2020 07:44
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Rated PG-34 posted:If you had the average amount, you could maybe retire comfortably somewhere in indochina. gg imperialism
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Jul 21, 2020 07:46
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Forceholy posted:Haha, Covid is gonna ensure Americans will never travel overseas again? no reason to leave the best country on earth. who cares?
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Jul 21, 2020 07:47
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Penisaurus Sex posted:I’m 30 and have never had a positive net worth as an adult between usurious student loans and a complete poo poo job market. 
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Jul 21, 2020 07:51
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Rated PG-34 posted:If you had the average amount, you could maybe retire comfortably somewhere in indochina. gg imperialism Living in exile from the US is a blessing only the truly deserving can cherish.
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Jul 21, 2020 07:57
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Forceholy posted:Same. my net worth went positive at age 32
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Jul 21, 2020 08:02
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fart simpson posted:my net worth went positive at age 32 ya in chinese rubles or smth...
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Jul 21, 2020 08:13
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I'm 32 and I think I might pay off my student debt this year maybe.
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Jul 21, 2020 08:23
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Grace Baiting posted:There's always money in the banana republic
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Jul 21, 2020 08:33
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Smythe posted:ya in chinese rubles or smth... yeah
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Jul 21, 2020 08:36
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Smythe posted:no reason to leave the best country on earth. who cares? Sakoku with American characteristics. fart simpson posted:my net worth went positive at age 32 I'm the same age, but I still owe money because I stupidly decided to give up on law school. (It is not stupid to give up on law school.) I guess that's the price I pay for nor being a sTEm major or leaning a trade (with no unions).
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Jul 21, 2020 09:44
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Smythe posted:ya in chinese rubles or smth... I loon forward to a Looper future where we are paid in Yuan.
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Jul 21, 2020 09:45
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i'm 35 and have never made enough money for student loan payments to kick in lol. i'm literally the poorest MBA on the planet
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Jul 21, 2020 11:11
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i say swears online posted:i'm 35 and have never made enough money for student loan payments to kick in lol. i'm literally the poorest MBA on the planet  i am also in the "35 and never made enough money to make a payment on my masters degree" club
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Jul 21, 2020 11:40
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Forceholy posted:Sakoku with American characteristics. 31 yr old STEM major here, net worth almost up to zero after sacrificing the idea of vacations and a social life in my 20s (and 30's, and 40's)
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Jul 21, 2020 11:42
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Car Hater posted:31 yr old STEM major here, net worth almost up to zero after sacrificing the idea of vacations and a social life in my 20s (and 30's, and 40's) your going to feel like a fool when hyperinflation makes all debts go away
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Jul 21, 2020 12:08
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Rutibex posted:your going to feel like a fool when hyperinflation makes all debts go away We'll all feel like fools when debt peonage is replaced by serfdom
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Jul 21, 2020 12:31
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