• @phoneymouse
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    1 year ago

    If you just saved 5% of your pay in a 401k from the time you were 22 and invest in the stock market for 40 years and never get sick, quit your job to raise a family or care for loved ones, then you might become a millionaire. Not that a million would be enough to retire on after 40 years of inflation.

    Also, this plan depends on the world economy continuing to grow at the same rate as it did in the past, never mind that this growth is toxic to the planet. But, hey you might see some financial freedom at that point.

    Just stick with it.