this post was submitted on 06 Oct 2023

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FIRE (Financial Independence Retire Early)

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More than one-third of millennials believe they won’t get a dime of Social Security when they retire, so they’re taking matters into their own hands (creditnews.com)

submitted 1 year ago by yenahmik to c/[email protected]

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cross-posted from: https://lemm.ee/post/10563312

Of all generational cohorts, older millennials are most likely to generate enough income to retire comfortably, according to the latest Vanguard Retirement Readiness report.

Specifically, millennials aged 37-41 have the greatest chance of landing a comfortable retirement.

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[–] [email protected] 10 points 1 year ago (1 children)

Don’t worry. The rich will pass tax increases for your savings withdrawals for bailout 2050.

[–] UBWare 2 points 1 year ago

I would think those who are well off would be in favor of lower taxes though?