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Yes, perhaps I should have clarified that by "we" I meant my generation (I'm a millennial). And as someone with a significant chunk of savings who still can't
by AdmiralAsshat 6y ago
Yes, perhaps I should have clarified that by "we" I meant my generation (I'm a millennial).
And as someone with a significant chunk of savings who still can't afford a house, the possibility of being both left without my own property and having my life-savings essentially rendered moot by runaway inflation is deeply concerning.
- 01100011 6y agoThat's exactly the situation I find myself in. I'm 46, divorced and remarried. I joined a FANG and lost my soul so I could have a chance after starting over from scratch at 43. I now have $200k in the bank, which is awesome and I am thankful for it. But it's nowhere near enough to buy a house. I'm already running out of steam, mentally speaking, and can't make the safe bet that I'll be able to keep my FANG job for even another year or so. I guess I just put it all in a TIPS ETF and hope it works out? IDK... Meanwhile I just have to watch while the rich get richer and the folks in the middle get pounded.