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vegeta1 [he/him]@hexbear.net to chapotraphouse@hexbear.netEnglish · 13 days ago

USA Nearly half of Gen Z Are Already Dipping Into Retirement Money just to get by

www.newsweek.com

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USA Nearly half of Gen Z Are Already Dipping Into Retirement Money just to get by

www.newsweek.com

vegeta1 [he/him]@hexbear.net to chapotraphouse@hexbear.netEnglish · 13 days ago
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Gen Z are already dipping into retirement money
www.newsweek.com
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Young workers are taking money from their retirement funds to cover emergency expenses and debt payments.
  • sodium_nitride [she/her, any]@hexbear.net
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    13 days ago

    Pension funds and retirement plans are massive, at least in the west.

    https://coinlaw.io/global-pension-fund-statistics/ (apologies for the dogshit website)

    It says that pension funds have $52 trillion worth of assets under management.

    For reference, the total assets of all firms on the SP500 is $48 trillion

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