A lot of people are having kids later in life.
It’s tough to feel secure enough to retire at 50 when you have 2 preteens and a mortgage.
Even without kids, the math is tough - work 30 years (20-50) and then retire ~30 (50-80?). We’d need massive safety nets in place to make retiring at 50 tenable. I’m going to hit the labor market next year and am terrified by what I’m seeing out there
A lot of people are having kids later in life. It’s tough to feel secure enough to retire at 50 when you have 2 preteens and a mortgage.
Even without kids, the math is tough - work 30 years (20-50) and then retire ~30 (50-80?). We’d need massive safety nets in place to make retiring at 50 tenable. I’m going to hit the labor market next year and am terrified by what I’m seeing out there
Yeah, retiring at 50 works if everyone under 50 is a slave.