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Pulling out of the market is troubling though. There's some evidence that younger generations are currently saving enough, but are doing so in low yield instrum
by Fomite 13y ago
Pulling out of the market is troubling though. There's some evidence that younger generations are currently saving enough, but are doing so in low yield instruments. With interest rates like they are, it's impossible to just save enough for retirement. You need that saving to be growing at a reasonably steady clip.
- gaius 13y agoIndeed. Compound interest doesn't help if inflation is compounding faster!