Comment on [deleted]
partial_accumen@lemmy.world 2 weeks agoOnly 32% of people have 401k accounts.
45% of 18-29 year olds have a retirement account. That number keeps rising to 77% of people 60+ having a retirement account. source
You don’t need a 401k account to save for retirement. You can do this same savings/investing in an IRA or even an brokerage account (but you wouldn’t get the tax benefits). There are ZERO employer requirements to opening an IRA, you just have to be someone that earns money.
spankmonkey@lemmy.world 2 weeks ago
Earns enough money to set some aside for retirement.
partial_accumen@lemmy.world 2 weeks ago
Do you literally not even have $1 in your pocket that you earned for yourself? Thats all it takes to open an IRA and start saving for retirement.
spankmonkey@lemmy.world 2 weeks ago
You do understand a significant portion of the population doesn’t have a dollar to spare when they live paycheck to paycheck, right?
partial_accumen@lemmy.world 2 weeks ago
Listen friend, its entirely possibly you started off with good intentions in this thread, but somewhere along the line it looks like you got so concerned with “being right” or “getting zingers” that your responses got more and more useless and simply argumentative for arguments sake. I’m human, I’ve been there. Look where you started off this line of conversation with this:
The way I know you went down the wrong path is that if you were genuine with your argument, you would have started HERE with your comments about people not being able to save anything for retirement. Instead, you attacked a legitimate way to save for retirement for those that can save for retirement. Worse, you did so from a position of ignorance, but then attacked the response that informed you how your stated position was inaccurate.
The other possibility is that you started your whole rant without any thought to having a good faith conversation about the benefits or challenges to Americans saving for retirement. That would make you a straight up Troll. I don’t that thats who you are, so maybe just let this conversation thread die because its not producing anything productive for you and its otherwise a waste of time for everyone.