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Money and Finances
Reply to "Is saving/investing actually a crappy way to get rich?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][b]The expectation you can work for 20 years and then not work for 30 or 40 off savings from those 20 is a little ridiculous. [/b] It’s also why saving *anything* in your 20s is highly recommended. And why I plan to give my kids a brokerage account with a couple hundred thousand dollars when they graduate college. [/quote] Yeah that's the part that I don't get- first off, when throughout history has that ever been a reasonable expectation for a significant number of people? Second, how could it possibly be? Who would do the work?[/quote] LITERALLY all four sets of our parents retired in their 50's (except one who is basically retired and works a day or so a week). THey are all in or nearing their 80s. So 30+ years of retirement for 8 boomer parents. [/quote]
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