The average life expectancy is around 78 years old

[Yew Nough]

We are made to work until we retire at 65 years old

You have roughly 13 years of free time as an adult to spend what you saved with your 401K


..is anyone actually saving money in a 401K with the intention to spend it when they're 65?

[Fake]

No one made you work til 65 yrs old.

If you started investing $100/month when you are 20 yrs old, you could easily retire by 50.

[Yew Nough]

Escrito originalmente por Fake:

No one made you work til 65 yrs old.

If you started investing $100/month when you are 20 yrs old, you could easily retire by 50.

Or watch it fall to 0

Investing doesn't always make you money

[Yew Nough]

Escrito originalmente por ;634541622122578044:

why would anyone want to make it past 60? what is there to look forward to past 60?

This is what I want to know

Wouldn't it be more enjoyable to spend your money having fun in your youth?

[Fake]

Escrito originalmente por Yew Nough:

Escrito originalmente por Fake:

No one made you work til 65 yrs old.

If you started investing $100/month when you are 20 yrs old, you could easily retire by 50.

Or watch it fall to 0

Investing doesn't always make you money

Don't buy meme stocks.
Don't buy leveraged ETFs.

[Sir Dookface McFerretballs]

30 is the new "mid-life crisis" age.

[Shiro♌]

Eh, yes, of course.

How are you gonna live your life once you retire and have companies rejecting your applications due to you not meeting the requirements anymore, and lacking the financial stability upon finally gathering the wisdom?

Saving up for the bad times is a must, because even through all the supports that are in place, life would be very harsh and kind of impossible to call any positively with so many restrictions caused by the financial difficulties.. Except that now, at those fifties or later, you will no longer be able to deal with them anymore.

[✪ Miscreation ⚥ ☯ 🎭]

"The average life expectancy is around 78 years old"
There is no such thing, this is just plain ♥♥♥♥♥♥♥♥, non-sense. You can't measure lifetime, it varies. PERIOD.

[Yew Nough]

Escrito originalmente por Miscreation ⚥ ☯:

"The average life expectancy is around 78 years old"
There is no such thing, this is just plain ♥♥♥♥♥♥♥♥, non-sense. You can't measure lifetime, it varies. PERIOD.

It's an aggregated average between M/F, the number will always change as more data is accumulated

[✪ Miscreation ⚥ ☯ 🎭]

Escrito originalmente por Yew Nough:

Escrito originalmente por Miscreation ⚥ ☯:

"The average life expectancy is around 78 years old"
There is no such thing, this is just plain ♥♥♥♥♥♥♥♥, non-sense. You can't measure lifetime, it varies. PERIOD.

It's an aggregated average between M/F, the number will always change as more data is accumulated

Nah, it's just plain ♥♥♥♥♥♥♥♥ and nothing else.

[Fake]

Escrito originalmente por Tonepoet:

The money you save for retirement is supposed to be the amount that you think will last the rest of your life until you die when you're too old to work. You save extra so you're not 65 and homeless because nobody wants to hire a 65 year old man. People also like to leave something in the bank for their heirs if they can.

It's why by 65yrs old, your 401k NEEDS to be 10x your annual wage at the minimum.

Why? Because you can live off 10% interest/returns. You're not supposed to touch the principle.

How many people are approaching 65 and have NOTHING?

[MILF & Cookies]

Escrito originalmente por ;634541622122578044:

why would anyone want to make it past 60? what is there to look forward to past 60?

We are biologically designed to procreate, start a family unit, accumulate resources, raise them kids until they are ready to do the same and then finally live out our last days old and senile in one of their homes(or a retirement home). After we die, the offspring gets everything you ever accumulated.

[✪ Miscreation ⚥ ☯ 🎭]

Escrito originalmente por MILF & Cookies:

Escrito originalmente por ;634541622122578044:

why would anyone want to make it past 60? what is there to look forward to past 60?

We are biologically designed to procreate, start a family unit, accumulate resources, raise them kids until they are ready to do the same and then finally live out our last days old and senile in one of their homes(or a retirement home). After we die, the offspring gets everything you ever accumulated.

No, that argument is disrespectful to the LGBTQ community and I can not get myself to agree with you about it. Some do have a need for that, not everybody.

[Yew Nough]

Escrito originalmente por MILF & Cookies:

Escrito originalmente por ;634541622122578044:

why would anyone want to make it past 60? what is there to look forward to past 60?

We are biologically designed to procreate, start a family unit, accumulate resources, raise them kids until they are ready to do the same and then finally live out our last days old and senile in one of their homes(or a retirement home). After we die, the offspring gets everything you ever accumulated.

It makes sense if you're head of your family, but what if you're single?

[Fake]

Escrito originalmente por Yew Nough:

Escrito originalmente por MILF & Cookies:

We are biologically designed to procreate, start a family unit, accumulate resources, raise them kids until they are ready to do the same and then finally live out our last days old and senile in one of their homes(or a retirement home). After we die, the offspring gets everything you ever accumulated.

It makes sense if you're head of your family, but what if you're single?

Go find a partner.

[Matt1987]

If youre lucky and make it to 80 thats about 2.5 billion seconds. 1/3 of that youre unconscious for. I often think about that when watching my food cook in the microwave for 120 of them, or when I'm forced to watch an unskippable 30-60 second advertisement