New investment returns on portfolios is like 4%; Millennials simply wont retire
| dark boltzmann | 12/17/17 | | laughsome angry resort | 12/17/17 | | dark boltzmann | 12/17/17 | | laughsome angry resort | 12/17/17 | | dark boltzmann | 12/17/17 | | laughsome angry resort | 12/17/17 | | Aromatic sable den | 12/17/17 |
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Date: December 17th, 2017 7:13 PM Author: dark boltzmann
Already today, in nearly 2018, people are often working past 70.
Millennials won't have the historic booms, or house equity, or 8% historical return on their portfolios literally halving what they have near retirement 2050-ish
They're never going to stop working, there is almost no point in trying to retire unless you have several MM or are like in a CSLG like position (i.e. less than 1% of Millennials)
(http://www.autoadmit.com/thread.php?thread_id=3832379&forum_id=2#34944121) |
Date: December 17th, 2017 7:17 PM Author: Aromatic sable den
Except most of their jobs will be automated away by the time they're 50.
(http://www.autoadmit.com/thread.php?thread_id=3832379&forum_id=2#34944152)
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