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Topic	More young Americans and Democrats support socialism than capitalism
Dyinglegacy 08/14/18 2:12:47 PM #57:	FLUFFYGERM posted... Sayoria posted... This is because if you are under 30 years old, you are more than likely never going to see retirement. If you invest $200 a month from ages 25 to 67 at 10% per year, you will end up with $1,550,794 at retirement age. $633,409 when adjusted for inflation. This assumes you stash away just $200 a month for that long, and that you never get a raise, never get any match from any employer, and never make extra money from a side business. In other words, if someone is under 30 and is able-bodied and doesn't retire when they reach retirement age, it's because they were being a fucking loser. People generaly live in the moment, and aren't all that concerned with the future. It's not that they never think about it, it's just that they want to have a good time right now. They don't want to save that extra 200 for later. They wanna spend it right now on new toys, eating out at resturants and other entertaining things. We need to teach savings in school, from an early age. Maybe some dicipline classes too. Hell, I would have benefited from that for sure. Maybe I wouldn't be in my current predicament. Student loans out the ass, and little to show for it. --- Voted worst user on CE 2012, 2013, 2014, 2015, 2016, and 2017 Current e-argument streak: 0 wins. 25404 losses. <cite>Dyinglegacy posted [p:906869859] in More young... [t:76902392]...</cite> <quote><cite>FLUFFYGERM posted...</cite> <quote><cite>Sayoria posted...</cite> <quote>This is because if you are under 30 years old, you are more than likely never going to see retirement.</quote> If you invest $200 a month from ages 25 to 67 at 10% per year, you will end up with $1,550,794 at retirement age. $633,409 when adjusted for inflation. This assumes you stash away just $200 a month for that long, and that you never get a raise, never get any match from any employer, and never make extra money from a side business. In other words, if someone is under 30 and is able-bodied and doesn't retire when they reach retirement age, it's because they were being a fucking loser.</quote> People generaly live in the moment, and aren't all that concerned with the future. It's not that they never think about it, it's just that they want to have a good time right now. They don't want to save that extra 200 for later. They wanna spend it right now on new toys, eating out at resturants and other entertaining things. We need to teach savings in school, from an early age. Maybe some dicipline classes too. Hell, I would have benefited from that for sure. Maybe I wouldn't be in my current predicament. Student loans out the ass, and little to show for it. --- Voted worst user on CE 2012, 2013, 2014, 2015, 2016, and 2017 Current e-argument streak: 0 wins. 25404 losses.</quote> ... Copied to Clipboard!
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