"In the richest country in the history of the world, a secure and dignified retirement should be available to every American, not just the extremely wealthy."
I don’t even know what that is, man. I worked, I didn’t play with stocks.
4th option confirmed. Everyone that has a 401k in some capacity, and isn’t sure how they work, please go check your 401k elections right now. It isn’t really “playing stocks” but just putting it somewhere that isn’t cash equivalent. Otherwise your money is depreciating in value from inflation. This is your chance to learn from WarmSoda’s mistake and hopefully will keep you from making the same mistake!
Figured. A lot of people just straight believe everything they are told and remain ignorant to how things work. If your job offers any type of benefits, fucking read all of the documentation and if you don’t understand something, ASK QUESTIONS! So many people I work with are oblivious to some benefits available to them and when I try to explain, “hey this one thing is basically free money”, they shrug it off. Whatever, your loss.
4th option: They don’t know how a 401k works.
https://lemmy.world/comment/8024551
4th option confirmed. Everyone that has a 401k in some capacity, and isn’t sure how they work, please go check your 401k elections right now. It isn’t really “playing stocks” but just putting it somewhere that isn’t cash equivalent. Otherwise your money is depreciating in value from inflation. This is your chance to learn from WarmSoda’s mistake and hopefully will keep you from making the same mistake!
Figured. A lot of people just straight believe everything they are told and remain ignorant to how things work. If your job offers any type of benefits, fucking read all of the documentation and if you don’t understand something, ASK QUESTIONS! So many people I work with are oblivious to some benefits available to them and when I try to explain, “hey this one thing is basically free money”, they shrug it off. Whatever, your loss.