silence7@slrpnk.net to New York Times gift articles@sopuli.xyzEnglish · 7 months agoWas the 401(k) a Mistake? How an obscure, 45-year old tax change transformed retirement and left so many Americans out in the cold.www.nytimes.comexternal-linkmessage-square7fedilinkarrow-up139arrow-down10cross-posted to: personalfinance
arrow-up139arrow-down1external-linkWas the 401(k) a Mistake? How an obscure, 45-year old tax change transformed retirement and left so many Americans out in the cold.www.nytimes.comsilence7@slrpnk.net to New York Times gift articles@sopuli.xyzEnglish · 7 months agomessage-square7fedilinkcross-posted to: personalfinance
minus-squaresilence7@slrpnk.netOPlinkfedilinkarrow-up2·7 months agoLook at what the payments were in say, 1950 — about 10% of the average yearly wage. That’s not a retirement; that’s a little bit to keep you going.
Look at what the payments were in say, 1950 — about 10% of the average yearly wage. That’s not a retirement; that’s a little bit to keep you going.