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There is theory and then there is practice of course. But at least if you are invested in the market as part of your retirement, you are technically an owner of
by seanmcdirmid 7mo ago
There is theory and then there is practice of course. But at least if you are invested in the market as part of your retirement, you are technically an owner of some small share of it.
- WillAdams 7mo agoWhich brings us full-circle --- what percentage of the population participating in 401-K or similar investment structures _and_ cashing out at retirement age will the economy support? Apparently almost half of workers are not participating in such: https://pensionrights.org/resource/how-many-american-workers-participate-in-workplace-retirement-plans/ https://pensionrights.org/resource/how-many-american-workers...
- seanmcdirmid 7mo agoYou are probably going to be OK if you are invested. If you aren't invested (no i money to invest or you save money under your mattress for poor returns), then I really don't know. It is definitely going to be a problem, maybe we will have figured out a social safety net by then (speaking as an American, and speaking in a very cynical tone).