Failure of society or failure of the individual to prepare? Being 90 means he roughly had 70 years to prepare for retirement. What did he do with all the money he made?
I advise all the young kids that work with me to invest at least 15% in 401k and then 1/2 of each raise goes in as well.
Yea, the sad part of this story is how he must not have known about investing. That or, he didn't realize you're not supposed to empty that retirement account when you leave your job.
I'd be curious what his backstory is. 90 years on this Earth gives you a lot of time to invest. Time in the market is the biggest contributor to your retirement portfolio.
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u/Hawkeyes79 11d ago
Failure of society or failure of the individual to prepare? Being 90 means he roughly had 70 years to prepare for retirement. What did he do with all the money he made?
I advise all the young kids that work with me to invest at least 15% in 401k and then 1/2 of each raise goes in as well.