this post was submitted on 11 Jul 2024
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Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

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[–] sunzu@kbin.run 5 points 4 months ago

Unless you have been loading up on SPY or VOO since 2008, you won't be able to retire. House is not a retirement plan, and bonds did not pay shit until recently.

How many people loaded up on SP500 index? How many got enough to retire? I would posit less than 25% of boomers and that down % goes down for each generations after.