While I believe Social Security will still exist, I definitely fall into the category of millennial on track for a comfortable retirement.
It's good to see that so many people are saving for retirement, given how often you see news about how low people's savings are.
Don’t worry. The rich will pass tax increases for your savings withdrawals for bailout 2050.
I would think those who are well off would be in favor of lower taxes though?
What is your age, retirement savings, and target retirement age?
Mid-30s, >$425k, ideally 40 but that could change based on if I have kids. I will certainly be more than set by standard retirement age.
FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early.
Flow Charts:
Personal Income Spending Flow Chart (US)
Personal Income Spending Flow Chart (Canada)
Personal Income Spending Flow Chart (Australia)
Personal Finance Flow Chart (Ireland)
Useful Links:
Mr. Money Moustache - a frugal lifestyle blog
Related Communities:
/c/PersonalFinance@lemmy.world
/c/PersonalFinanceCanada@lemmy.ca
