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Micro-retirement (lemmy.ml)

submitted 5 days ago by cm0002@lemmy.world to c/funny@sh.itjust.works

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[–] blarghly@lemmy.world 1 points 5 days ago

I mean, there are plenty of boomers who also didn't save for retirement. It's not like this is a kids-these-days thing.

Some of my friends, I assume, are not saving for retirement. I don't know what they plan on doing. Others I assume are sensible enough to contribute maximally to their retirement plans while they are working, so they'll have some healthy funds to live on later. I, personally, always maxed out my 401k and IRA before I put any money in my other funds. And I bought 2 houses which I run as investment properties. Frugality can get you a long way.