Fun fact: $1M in assets equates to $40k/year income in retirement at a 4% safe withdrawal rate.
Considering that MAGAs are both trying to destroy Social Security and fucking up the stock market (meaning that 4% may very well need to get smaller in the future), everybody who isn’t literally a millionaire (or more!) by the time they retire is likely to die in poverty.
Fun fact: $1M in assets equates to $40k/year income in retirement at a 4% safe withdrawal rate.
Considering that MAGAs are both trying to destroy Social Security and fucking up the stock market (meaning that 4% may very well need to get smaller in the future), everybody who isn’t literally a millionaire (or more!) by the time they retire is likely to die in poverty.