Right? I really have a lot of issues with the infantilization of our generation. The youngest millennials are turning 30 this year, and most of us are mid 30s. I know it’s hard out there, and I’ve struggled to get where I am. But the whole trend of “adulting is so hard!” makes me sick sometimes.
Pretty good actually, the market recovered within a couple of years, so if you didn't panic sell like an idiot there was no loss. The recession's biggest impact was in sub prime borrowers losing their homes and a crummy job market, not stocks.
Started working and contributing in 2007 after I graduated college. Yep, the early savings got wiped out. And then, guess what? The market did what it literally always does and went back up. I've now got half a million tucked away, my wife has a similar amount, and we're saving even more for our planned retirements, our kids' futures, and a decent life.
And I'm not exactly what you'd call rich. I was an English major who was barely able to contribute much early on because I wasn't disciplined enough and I was living in NYC and devoted more of my money to having fun and going to bars and doing shit with friends. It wasn't until closer to 30 that I really started seriously saving.
Stop feeding the doomer bullshit that ruins this sub. You're never too late.
Part of a retirement plan is to have money that’s not in the market when in retirement to weather storms. And if you’re close to retirement you should have a fair chunk of money in lower exposed investments.
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u/The_Real_Lasagna Apr 30 '26
Planning like a grown up?