Thread 60828908

How does anyone under 30 even manage to stay motivated?

I've done the calculations and I'll be fine by 60-65 with $3m-$7m adjusted for inflation, but that's on the assumption that AI doesn't take my job or get canned early.

>>60828908 (OP)
It's too bad, because if young people in their 20s just buckled down, worked as much as they could, didnt blow all of their money on stupid shit with their new found "independence" and invested it while they lived with mommy and daddy, they'd easily be able to get downpayments. Instead, even when they are living free with their parents, they door dash, go out to bars, buy video games, buy the newest iphone, and then when mom and dad say "you're 30 now, you've lived here rent free for 12 years, how much have you saved?" they say they have nothing because the world is so cruel and the economy is unfair

>>60828923
Buckle down the stairs already gramps

>>60828908 (OP)
it's not possible
I'm 26 in NY. there's no 20 year old who is able to cope with this nightmare fuel because girls will not step up and get in the kitchen. everyone is a zombie because of this. I know too many men who are rich and ideal yet women snub them, then the man is utterly helpless to understand their upbringing was a circumcised lie, there will be no one because the women are programmed to destroy the head of household.

Picrel

>>60828923
>invested it while they lived with mommy and daddy, they'd easily be able to get downpayments. Instead, even when they are living free with their parents, they door dash, go out to bars
mommy and daddy have to tell you to drop everything into an overleveraged tech contracts every 6 months like nancy pelosi or you will have generated +20% on 20,000. get real.
>saved
in 2025. lol. the government wants to kill you. the only way to survive is to participate in their blood games.

>>60828929
Go blow your entire paycheck on Gacha anime girls and egirl bathwater, Zoomie.

When I retire with millions because I made responsible financial decisions for 30-50 years, don't go crying to me that "ALL RICH PEOPLE ARE EVIL" Rent will be due

>>60828934
LOL, I'm definitely not a feminist, and I definitely don't believe in gender roles, but unless you make enough money to support a stay at home wife, you have no place telling women to get in the kitchen.

Almost everyone now needs a dual income, if the woman is working too, then everyone gets too go to the kitchen. Unless you are working twice as many hours as her, or your income eclipses hers significantly

>>60828949
>let your wife get fucked at work by their government assigned golem producer
lol

>>60828942
>mommy and daddy have to tell you to drop everything into an overleveraged tech contracts every 6 months like nancy pelosi or you will have generated +20% on 20,000. get real.
This has never happened. If someone in their 20s just invests in VOO for 10 years while living rent free, they'll be fine.

If you're such a victim that you think everyone is out to get you, even with free room and board being spoonfed to you, you should probably just get it over with and move to vietnam or mexico or some cheap 3rd world country.

>>60828956
Yeah pretty much. Like I said, unless you make enough money for wifey to stay at home, this is how it is now. If you worked hard and got a good job and worked 60 hours a week, you could have a stay at home wife, but don't complain about the harshness of reality if you make her to go to work as much as you and then you come home and tell her that you are the alpha provider and she needs to cook for you

>>60828944
>Go blow your entire paycheck on Gacha anime girls and egirl bathwater, Zoomie.
That’s your thing gramps.
>When I retire
Lmao

>>60828960
>If someone in their 20s just invests in VOO for 10 years while living rent free, they'll be fine.
so if I put every cent I made, which I spent half of on supporting my dad into VOO, I would have made 40k
wow 40k is a lot of money that you still need to gamble on a leveraged risk to have a chance at surviving the next 10 years. fascinating. why don't I just put my house up for collateral on a home loan and get some rentoids like your fat ass.

Currently 28 with 200k in VOO. If I can get 10% annual return for the next 15 years I can retire at 43 (given there is no lost decade)

Also I have a FED job that is impossible to get fired from so I'll also have a pension by 46.

>>60828969
>Also I have a FED job
^^^^
FED telling the goys to get back to work and provide liquid lol
enjoy your 72 trannies in hell

they turned us into debt slaves while we quietly went to college and got degrees or sat at home gorging on media
society is ran by less people who have to work for more useless fucks with no direction who desperately need a public project with good pay and door to door local recruitment
these people keeping the lights on (working doctors, engineers, etc.) pay an inordinate amount of tax while retards playing the alt coin casino get obscenely wealthy
Soon no one will want to work because society abuses workers, money will be worthless and everybody will die
2040, 2050 if we try to change.

>>60828923
I'm 30 now and I have 30k. What now?

>>60828999
put it into VOO like he said and you'll have 100 grand when you're fifty fucking five and half dead

>>60829029
It's equity in my mortgage actually.
I live paycheck to paycheck because all my costs go to food, mortgage, car, wife and child.
I guess we have 50k in equity but it's in our house.

>>60828966
I'm probably like in the 98th percentile for financal health of people my age. I grew comfortable living cheap. I don't find satisfaction with stupid possessions other than things that truly make my life better like basic thins around the house. I saved and invested like 70% of my paycheck for the last 7 years. Now I bought a house with a casita. I live in the nice casita and rent the rest of the house. The mortgage and most of the utilities are covered by other people. I live by myself, and am getting a free house, living almost for free. All because I didn't get addicted to sports betting or spend all of my money on video game microtransactions when my parents helped me out when I was in my 20s

>>60828999
30 with 30k is honestly still behind if you were livign with your parents in your 20s, but you're still probably better off than 90% of people your age. that 30k is mostly just an emergency fund if you lose your job, you and your family won't be fucked if you lose your job in a down economy. You can either get risky and invest it, or get like 4% interest on it.

I'm going to tell you something that is evidently a secret to all of the retards in this thread

The present moment is all that matters. If you are miserable waging now, you will most likely be miserable at a later time. You are going to hate yourself if you live your life thinking "once I get to X" I will be happy. X just becomes something else. Start enjoying your 9-5 working for shekelstein and the people around you

>>60828912
>I’ve done the calculations
Post em

>>60829053
or I guess if you think your monthly expenses are 5k, then it's an emergency fund. If you think that's excessive, then invest like 10k in the S&P. But I'd have 6 months of expenses somewhat liquid. I know people that took 6 months to find a new job. unless you are in health care or something like that where you could walk in piss on the floor, and they'd still beg you to work there.

>>60829046
Ok gramps, the stairs still await

>>60828999
keep on saving and investing
retire when your net worth is at least 10x greater (some people say 25x, but imo that's kinda unnecessary) than your annual expenses

>>60828969
Bro thinks it’s fucking 1988 where everyone is swinming along great in a great society with thriving local communities. Investing in the over inflated market when people who make 200k/yeae are barely keeping their heads above water.

There’s gonna be a reset faggot. Put half that 200k into Link and you’ll make it by 2029 at the latest.

>>60828923
This is an out of touch mindset, shit was so much cheaper and easier when we were young, we could enjoy ourselves and still save and get a home. Now, the kids have to live a miserable hermit-like existence, and is there really a point in that?

>>60828969
Good strategy, but 10% annual return is very optimistic, especially inflation adjusted.

I'm actually doing really well. Just got a bit lucky. Did Econ and Finance double major at a Russel group uni I had no belief I would get accepted into and now work for Barclays. If I get promoted, or get offered more pay elsewhere, I will be making 6 figures - which in the UK is rare, especially in your 20s.

Also, I have little to no student debt because uni tuition where I live is free (Scotland). I only used student loans if I was struggling with things like rent.

Life is pretty gud. Despite this, I will never leave this site :)

>>60829963
Congratulations, friend. Don't succumb to the lifestyle creep and trying to keep up with your colleagues. Bash money into the pension and S&S ISA as soon as you can to get the compounding going early, making use of salary sacrifice, especially if you still live in Scotland with their rape taxes.

>>60828912
yer gonna get rugpulled by wuflu 2 electric boogaloo ft. 90% mortality rate

>>60828969
After inflation & taxes ur real rate of return on the supposed 10% is like 2-3%

>>60828908 (OP)
>How does anyone under 30 even manage to stay motivated?
They don't. Most of of the newer generation will simply give up on living/working by the end of the decade.

That's part of the reason why there's such a push into AI and robotics.
Human workers are no longer economically viable. (in the oligarchic economy wished by our leaders)

>>60828908 (OP)
>motivation
anyone who worked for a few years knows he has to end this wagie cycle as soon as possible.

get a good degree on scholarship, invest summer job money into crypto, graduate into a 6fig wfh job, marry a good girl, use crypto gains to buy a home and have kids. more or less made it before 30, feeling pretty ok