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Of all generational cohorts, older millennials are most likely to generate enough income to retire comfortably, according to the latest Vanguard Retirement Readiness report.

Specifically, millennials aged 37-41 have the greatest chance of landing a comfortable retirement.

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[-] capital@lemmy.world 2 points 1 year ago* (last edited 1 year ago)

You sold when it was 15% down? And outside of retirement?

For the love of god, don’t touch your retirement savings. Consider reading this series:

https://jlcollinsnh.com/stock-series/

[-] BarrelAgedBoredom@lemm.ee 2 points 1 year ago

I needed what little was in that account because my car shit the bed on me and the repairs were more than the car was worth. Had to take that and my stimulus check to buy another beater. I'm still paycheck to paycheck and couldn't afford to start my savings back up if I wanted to

[-] MeanEYE@lemmy.world 2 points 1 year ago

Let me guess, you are in USA? Only there you'd be so car-dependent.

[-] capital@lemmy.world 2 points 1 year ago

I see. I’m sorry about your situation.

[-] BarrelAgedBoredom@lemm.ee 3 points 1 year ago

All good! I appreciate the advice, genuinely

this post was submitted on 06 Oct 2023
656 points (93.5% liked)

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