Fuelman » 10 Jul 2024, 8:44 am » wrote: ↑
I think he's just like a lot of people looking for a short cut to **** you money, can't really fault him for that. Many try, most fail. The old fashioned way of simply saving money just isn't hip anymore.
Seems those people who go down the "money changers" rabbit hole gain a defeatest attitude while using their newfound knowledge to bash just about everyone else.
He's smart enough to know the numbers and they are not great.
We won’t keep you in suspense. If you have more than $1 million saved in retirement accounts, you are in the top 3% of retirees.
According to EBRI estimates based on the latest Federal Reserve Survey of Consumer Finances, 3.2% of retirees have over $1 million in their retirement accounts, while just 0.1% have $5 million or more.1
The next level for $500k to $999k was 4%
Is it the money changers, or as you frequently point out, poor choices made by people that prevent them from reaching financial goals.
For some reason, I always thought Peepee was flat broke!
True, easy money is always a lure... I never had the stomach for it...too risky...
only 7%? I don't feel so bad...considering I was a blue collar worker...
JuCo 5 percenter...72
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