@silence7 to New York Times gift articles@sopuli.xyzEnglish • 12 days 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-square7arrow-up143arrow-down10cross-posted to: personalfinance@lemmy.ml
arrow-up143arrow-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.com@silence7 to New York Times gift articles@sopuli.xyzEnglish • 12 days agomessage-square7cross-posted to: personalfinance@lemmy.ml
minus-square@silence7OPlink1•12 days 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.