this post was submitted on 03 Apr 2025
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[–] [email protected] 3 points 4 days ago

Having a million in a 401k today is like having a pension 50 years ago. If you want to actually retire in this capitalist hellscape, that's what you need to have. A million in a 401k is like $40k/year of retirement income. And it's not like pension funds don't invest their savings in Wall Street either.