If they planned right they sold off all their sticks for bonds slowly over the years. Then the current state of affairs has very little impact. However they do miss out on the stock market roller coaster
Didn’t realize this sub was pro social security and pensions lmao... those are the primary drivers of our deficit and debt!! And as a millennial I assume I will never get a penny of SS, and I’m not happy about subsidizing the boomers who made 3x on their houses.
Millennials are investing and becoming self sufficient. Equity inflation is GOOD for investors. It’s bad if you want to sit on your cash or rely on SS. Which is past due for being abolished.
No... lol Inflation inflates equities and assets too...
If they planned right they sold off all their sticks for bonds slowly over the years. Then the current state of affairs has very little impact. However they do miss out on the stock market roller coaster
Retirees should have plenty of savings. Sorry they won’t be able to provide their descendants with as large of an inheritance...
They have social security and savings... I don’t get it. If they’re worried they should stay invested in the market...
Didn’t realize this sub was pro social security and pensions lmao... those are the primary drivers of our deficit and debt!! And as a millennial I assume I will never get a penny of SS, and I’m not happy about subsidizing the boomers who made 3x on their houses.
Millennials are investing and becoming self sufficient. Equity inflation is GOOD for investors. It’s bad if you want to sit on your cash or rely on SS. Which is past due for being abolished.
Yeah maybe you’ll get the equivalent of $500/mo in today’s dollars despite paying $1,000/mo.
I would happily forfeit any benefits i paid for if i could be exempt from SS taxes forever! It should have always been voluntary!