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Reply to "Is saving/investing actually a crappy way to get rich?"
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[quote=Anonymous]As someone also in my 30s - there’s no way to predict the future. Save what you can, lean into tax-advantaged accounts, and don’t worry about it too much. You’ll maintain your sanity. You will presumably have some form of Social Security, though it’ll likely be vastly reduced or we won’t be able to collect until much older. Look into getting a job with some form of pension. The more “streams” of income you can reasonably guarantee yourself, the better. Think about buying property. I have $300k equity in a house I bought less than 5 years ago. Have times already changed since then with higher prices and interest rates, yes. Does this really mean anything to me right now, no. It’s not liquid and it’s not an investment in the typical sense. But it’s another form of stability to have a. another asset strategy and b. a paid off property to either live on or leverage during retirement. You have to pay to live somewhere. Might as well pay yourself. [/quote]
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