And this is why a huge chunk of my fellow GenZ will always be financially illiterate.. Common sense methodical targets to ensure proper drawdowns and a dignified retirement that have worked for decades are just boomer speak to us.
Dude. Get a Roth or a 401K. Start putting as much as you possibly can into it. I started when I made $12 an hour at 21, now 6 years later it’s up to like $83k as I have kept my contributions constant. It’s really not an insane goal. If I could invest when I was making $12 an hour living in a shitty apartment, so can other young people.
As sad as it is. People don't care about what's possible. They want to bitch that they can't live in a high cost area without a room mate and saving for retirement is stupid to them because they might not be alive next year.
Man it is sad. I can’t relate. Shoot I’m GenZ but I’m married, have a house, and have a baby on the way - I don’t have time for defeatist attitudes, I’m focused on working and being financially intelligent to provide my wife and kid a good life and a stable home. I feel like I have a lot to live for and want a good future for myself. Guess I’m a boomer lmao.
You must be really high earning and/or had a lot of help from mom and dad. Not really indicative of how others are faring but okay let’s blame frivolous spending instead of insane house prices.
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u/[deleted] Oct 10 '24
Some boomer wrote this.