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Joined 2 years ago
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Cake day: June 12th, 2023

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  • That’s just how retirement investments work. You don’t look at a single quarter, year, or even decade, you look at your entire working life plus retirement. And the market has always been ahead at those time frames.

    I feel like that is unfair without more data.

    Did the boomers lose a decade of growth on their retirements?

    Relative to them the gen x’rs and millennials have had 1/5 less time for their assets to grow (assuming you save for around 50 years) when compared to wealthier generations. And it was relatively early in their careers when the money would have the most impact.