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Comment by imwithstoopid

$1 million will be a king's ransom compared to Gen X's retirement plans

last time I checked known stats on Gen X retirement savings, the national average was under $100k...Gen X is the first generation that is almost entirely dependent on 401k

for bonus points, Gen Xers in large cities are more likely renters than owners, so they won't even be able to sell a property to prop up the low 401k balance

the Gen X retirement bailout is probably already unavoidable and will be in the trillions

everyone says its fine because they love what they do and will do it forever...do they really think there will be a hot market for 67 year old React devs?

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