“And lucky us Generation X & Y’ers that are responsible enough to save for a rainy day or two that get to support them!”
I’m a GenX’er. And I save. I save until it hurts.
I look at articles that demonstrate how little the average American saves and it’s appalling! We’re not taught finance and economics properly! I suppose the subjects are too liberating.
I work in finance, and some very smart people, in finance, are not putting anything away, zero!
I tell them, man, you need to start and yesterday! Tax deferred, compounding interest, employer matches and the time value of money.
Though I will admit, I look at our nest egg and often think of what a political target that must be for far too many...
I’m a “Y’er”.
Like you I’ve been saving for a long time with that employer match.
Not too many of us around that do this in our age groups.
We are a political target, but for now we’re very responsible.
Too many people live for today - animal mentality.