We're creating a few wealthy people...thus, we are actually creating plenty of wealth, it's just not for us.
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Engines of creation for someone else's accumulation.
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So if Millennials start creating more wealth for Boomer investors... they'll be able to avoid these sorts of scathing headlines?
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"Yes, that makes sense!" *sketches flow diagram* "Oh wait a minute..."
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How ~the hell~ could they frame it like this without even a shred of self awareness?
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For either, 1. The clicks or two, 2. The lulz and I helped them with both, really...
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I think it was designed as click bait though, and the hook is currently embedded in my cheek.
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Hot take: the whole notion of the retirement system is complete bullshit predicated on arbitrary financial market performance instead of an actual form of personal financial security. The whole idea of sacrificing everything now for a POSSIBLE future return is just stupid.
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And I’m saying this as someone who once got paid to go over these plans and then did tax returns for people who basically lost everything in the 2008 crash, or it barely bounced back/had to get cashed out to pay for medical bills or saving their homes.
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