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Perhaps because I'm a parent, I worry about the younger generation. For the Gen-Z and younger, how would they build a nest egg? Social security? Not a nest e
by nobodyandproud 2y ago
Perhaps because I'm a parent, I worry about the younger generation. For the Gen-Z and younger, how would they build a nest egg?
Social security? Not a nest egg, always under attack, and always under pressure to move the age higher.
Pensions? Long out of fashion.
Real estate? Out of reach, except in distressed areas.
401ks? Was only ever for the upper-half of the middle class, and even this is under attack.
- bluGill 2y ago401k covers more people than pensions ever did. For your kids invest in a 529 and make sure they get on the college path in school. the general poorer class has never had good retirement options. a good degree (there are many bed degrees) goes a long way.