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Being a commie with a 401k is a real conundrum (hexbear.net)

submitted 3 days ago by LeninWalksTheEarth@hexbear.net to c/chat@hexbear.net

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i saw mine has increased 100% in the past 2 years and it grossed me out because i know this shit has consequences. but what else do i do? my work matches a small percentage, so turning down free money feels absurd, and maybe not being obtusely poor when i retire(lololol) would be nice.

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[–] leftofthat@hexbear.net 10 points 2 days ago* (last edited 2 days ago)

Owning a 401k makes someone a mini landlord and communists should be honest about this fact.

Yes they're making us all landlords. Yes they're making us choose between being a mini landlord and having less money.

But that's what a 401k is. Even if you have an index fund. If you follow the stocks long enough you are bound to end at some form of rent or exploited wage. It's just what it is.

I match my employers 401k. I have money in a 401k. I'm a mini landlord and I hate it.