The point about wages rising 3% while assets climb faster is somthing most people don't internalize until too late. I've been tracking this gap for years and it's wild how many assume their 401k growth means they're winning, when in real terms they're just treading water or worse.
The point about wages rising 3% while assets climb faster is somthing most people don't internalize until too late. I've been tracking this gap for years and it's wild how many assume their 401k growth means they're winning, when in real terms they're just treading water or worse.
100% - there's very little understanding of real returns/purchasing power