23
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 05 Dec 2023
23 points (100.0% liked)
News
30462 readers
3171 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
How significant?
5
I mean the article suggests it's 55% of people 18-35. Do you really think that's true?
Absolutely. Any corporate employer is going to auto-enroll you into setting up and paying into a retirement account. Any post-college age group is going to have similar numbers. That would be my guess anyway.
I would absolutely like some evidence that 55% of people 18-35 have retirement savings beyond this poll.
In the US at least, many large employers automatically create 401ks or IRA's for their employees and contribute a portion of your paycheck to it.
After I graduated college, my first job created a 401k and started putting 1% of my paycheck into it without telling me. The job didn't let me set it to 0%, forcing me to research 401ks and retirement planning. This led me to raise it to 15% and start investing.
Okay, but come on, 55% of people that age have a 401k or IRA? How many people under 30 even have a job that pays well enough to offer that sort of benefit? Jobs pay shit these days.
I think you're really underestimating how many 25-35 year olds work for large corps. And you've got it reversed. The big corp jobs are the only ones paying wll enough to escape that treadmill. Sucks, I would love to work for some local mom and pop, but FAANG can double or triple the salaries of what they can offer. Most of my peers that I have talked to are in a similar boat.
And again, we all get retirement accounts in the first couple of weeks of employment. That's been the case since I worked at comparitively much smaller companies even.
Well as I said below, I would like some evidence for it beyond this poll.
Here ya go. The gov puts it at about 50% for about the same age group.
Ok, fair enough. Thank you.