HOUSTON, March 12, 2024--More than half (54%) of Americans say it’s their goal to live to 100, according to a new study from Corebridge Financial and The Longevity Project. Family, friends and new experiences are seen as the top benefits of a very long life, with 72% of respondents citing continued meaningful relationships with family and friends and 65% looking for more time to explore and have new experiences.
If you invest 5% of every paycheck, you will have enough to retire on. This is quite achievable for the vast majority of individuals who want to achieve it. Compounding gains are a huge boon and is why investing in something like an index fund should be started as early as possible.
Hmm yes living below the poverty line does indeed leave me with enough money to invest in a retirement for sure uh huh yupperino
Cries into wage garnishment papers from not being able to afford private student loan payments
11.5% are living in poverty
https://www.census.gov/library/publications/2023/demo/p60-280.html
Neat statistic. My dick is 2 inches at its hardest, since we are tossing stats with no context around.
That’s not a statistic, that’s an anecdote, just like people in poverty complaining about financial advice
My dick is now 1 inch, thanks a lot
Nearly 70% of Americans are currently living paycheck to paycheck. How are they supposed to save up or invest? One medical emergency could wipe out all that imaginary savings too.
That’s not correct, the median savings account is $8000
https://www.federalreserve.gov/econres/scfindex.htm
You’re not living paycheck to paycheck if you have $8000 saved, even if you spend your entire paycheck
https://www.cbsnews.com/news/paycheck-to-paycheck-6-in-10-americans-lendingclub/
Yeah, so that’s not 70%
5% seems achievable, looking from the outside, but we’ve gone through several decades of proving that it does not actually happen enough., when people are trying to afford their immediate lives