Not much to say about this from the Motley Fool. It’s certainly something to think about.
A single dollar invested in the stock market in 1950 would be worth $123 today. That’s pretty incredible, right?
Not so much when you consider this…
What do you need to live comfortably in retirement?
The Motley Fool article says:
According to Vanguard, the average American retiree can expect their 401(k) plan to pay out roughly $4,000 per year.
That’s less than $340 per month to depend on for healthcare, food, or housing – and that’s before hobbies and leisure.