• AbidanYre@lemmy.world
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      3 months ago

      Not if they’re dipping into it at 30. That’s going to kill any kind of compound interest.

      • Zahille7@lemmy.world
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        3 months ago

        I’m about to be 29, and have literally zero savings to speak of. I’ve been paycheck-to-paycheck pretty much my entire working life.

        • The_v@lemmy.world
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          3 months ago

          The best investment at your age is in training/education to improve your take home pay or ability to relocate. Fuck retirement savings, you have to eat for 30+ years to get there first. Invest in yourself, not in the fucking casino controlled by billionaires that is the stock market.

          My wife made a career swap 5 years ago after getting a master’s degree. We used our retirement savings to pay for the schooling because the ROI was under 1 year.