Anonymous wrote:Not enough people stress to their children the absolute importance of being able to get financially independent by the time you are 40
The market hates you after that sans a select few
I'm 39 and have been saving under the assumption since I was 21 that it would be very hard to replace my income after 50.
Unfortunately, I think you're right that the goalpost is moving even younger in many industries and with offshoring/automation of white collar jobs.
It is pretty tough to earn and save a lifetime's worth of money in 20 years in todays environment. I am deeply concerned about the financial and career prospects our kids and young adults will be facing. I think it is a time of massive change and will eventually be OK, but I feel like Gen Z and Gen Alpha are about to be caught in a really bad spot in the transition.