Retirement accounts aren't in high-yield savings accounts. Using S&P 500, $1 in 2008 would be $2.61 at the end of 2023. Average APR is 8.45%, while bank savings

Retirement accounts aren't in high-yield savings accounts. Using S&P 500, $1 in 2008 would be $2.61 at the end of 2023. Average APR is 8.45%, while bank savings is 3.5% right now. Just a few hundred a month could have made you a millionare today through dollar-cost averaging. Deciding not to invest because you think our economy isn't as great as before is a terrible reason not to invest. If you are trying to "time the market" with your retirement account and believing that no time in the past 12 years is a good time, rather than dollar-cost averaging and investing all throughout, you're really screwing yourself over