Everyone wants to invest but nobody wants to work

[Anonymous]

Everyone wants to invest but nobody wants to work . Who will do the job? My son is only 14 and he already knows about all these index funds investments, he is saying he wants to retire at 30, will save like crazy so he doesn't to work past 30. Of course he is a kid and he will get a reality check when he becomes a young adult.

[Anonymous]

News flash! We need folks working to drive market growth. That’s why I think much of this FIRE strategy is misguided. We need our smart people working not sucking off the teats of other poorer workers.

[Anonymous]

Who will do the job? AI will do the job.

Regarding investments, I am sitting on my couch right now letting my stocks work for me. My adult kids and teens know that is a possible path, but they also understand that getting degrees and developing a career is non-negotiable in my house. No one knows what the world will look like in 50 years, so they need several options.

[Anonymous]

This is a very good question. Investing has been democratized and that's a good thing. While a lot of our citizens are still not investing directly, many are. When I was in Arizona last week my Uber Driver a very nice lady told me she didn't graduate HS and always had low paying jobs but then she told me how she has been investing for the past 10 years. I was impressed by her knowledge and strategy. She is 40. Like OP's son her goal is to retire as soon as possible. She also said she opened an investment account for her 10 years old daughter and she hopes her daughter will retire by the time she is 50.

[Anonymous]

Anonymous wrote:Who will do the job? AI will do the job.

Regarding investments, I am sitting on my couch right now letting my stocks work for me. My adult kids and teens know that is a possible path, but they also understand that getting degrees and developing a career is non-negotiable in my house. No one knows what the world will look like in 50 years, so they need several options.

Just want to put out there that will there is actually a small percent of jobs that can be 100% replaced by AI.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Who will do the job? AI will do the job.

Regarding investments, I am sitting on my couch right now letting my stocks work for me. My adult kids and teens know that is a possible path, but they also understand that getting degrees and developing a career is non-negotiable in my house. No one knows what the world will look like in 50 years, so they need several options.

Just want to put out there that will there is actually a small percent of jobs that can be 100% replaced by AI.

Hmm. I disagree with you, but I think that replacement will be gradual and you will not see all its tangible effects in your lifetime. Doesn't mean it won't happen in your children's lifetime.

[Anonymous]

The children of the plumbers, electricians etc will be fine if they follow their parents path. The kids of their of us with "office" jobs will have a rude awakening. I don't know about your kids, but mine do view some jobs as beneath them. I am not sure they will have the same success and luck we had. Sure we will leave them a lot money. But is that really good for them, the country, that they already know they will be likely set for the future by the time they are 21? I don't know

[Anonymous]

Income inequality will worsen and the richer will just get richer and work less in the process. And in this country we are already programmed to blame ourselves if we are not successful.

[Anonymous]

Anonymous wrote:The children of the plumbers, electricians etc will be fine if they follow their parents path. The kids of their of us with "office" jobs will have a rude awakening. I don't know about your kids, but mine do view some jobs as beneath them. I am not sure they will have the same success and luck we had. Sure we will leave them a lot money. But is that really good for them, the country, that they already know they will be likely set for the future by the time they are 21? I don't know

No it won’t be good for the electricians or plumbers.

First off you will have a hoard of new entrants — the same students who were going to be electrical engineers and programmer will be very good electricians, and have better accounting skills and software skills so can run the business side more effectively.

Second, the demise of all office jobs means no more new houses, no more renovations, no more fixing that broken outlet and instead stretching 3 extension cords to make the light work, people will turn off the toilet rather than fix it, etc

Unless the wealthy decide to share it will be grim out there. Not even sure if investors will do well, who will be buying products and services?

[Anonymous]

https://www.axios.com/2025/05/28/ai-jobs-white-collar-unemployment-anthropic

[Anonymous]

Anonymous wrote:Everyone wants to invest but nobody wants to work . Who will do the job? My son is only 14 and he already knows about all these index funds investments, he is saying he wants to retire at 30, will save like crazy so he doesn't to work past 30. Of course he is a kid and he will get a reality check when he becomes a young adult.

help him put it in Roth account at Schwab or Vanguard. track all his allowance money . get him started

my daughter did and has over 80,000 in Roth at 28, just her money from odd jobs.

[Anonymous]

Anonymous wrote:https://www.axios.com/2025/05/28/ai-jobs-white-collar-unemployment-anthropic

The only reason tech CEOs say this is because it makes their tech seem more capable than it actually is and many of these CEOs don't actually understand work in the first place.

[Anonymous]

Anonymous wrote:Everyone wants to invest but nobody wants to work . Who will do the job? My son is only 14 and he already knows about all these index funds investments, he is saying he wants to retire at 30, will save like crazy so he doesn't to work past 30. Of course he is a kid and he will get a reality check when he becomes a young adult.

He probably won't. The AI revolution will have taken over and there will be UBI.

[Anonymous]

Anonymous wrote:News flash! We need folks working to drive market growth. That’s why I think much of this FIRE strategy is misguided. We need our smart people working not sucking off the teats of other poorer workers.

I think people who aren't working full time in order to eat tend to have a lot of bandwidth to think, invent, start a business, etc. (And also to volunteer, be involved grandparents, etc.) The FIRE people might lie on the beach at first but I bet a lot of them dont do that forever.

Also "sucking off the teat" is an odd way to describe somebody living modestly off their earned or invested money.

[Anonymous]

Anonymous wrote:Everyone wants to invest but nobody wants to work . Who will do the job? My son is only 14 and he already knows about all these index funds investments, he is saying he wants to retire at 30, will save like crazy so he doesn't to work past 30. Of course he is a kid and he will get a reality check when he becomes a young adult.

That is certainly doable if he actually does that and doesn't spend his money on things in a wasteful manner.

He will likely discover women though and that will cost him money. We aren't cheap overall and the golddiggers especially aren't.

If you force him out of the house at 18, he will likely struggle though and not be able to retire at 30.