So the administration's pitching this savings account scheme - drop in $5K annually, and supposedly you're sitting on $1.9 million by age 28. The catch? Almost every dollar comes straight from families themselves. Classic compounding math on paper, but who's actually got five grand lying around each year for nearly three decades? Feels like another financial plan that looks brilliant in spreadsheets but ignores real-world liquidity constraints.
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fork_in_the_road
· 15h ago
To put it bluntly, it's just a new trick to fleece retail investors. Who the hell can really stick to 5,000 every year for 30 years...
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PoetryOnChain
· 23h ago
This is another one of those plans that sounds great but is basically impossible to do. Saving 5k a year for 30 years? Ask yourself first if you even have that kind of extra money in your pocket.
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BearMarketBard
· 23h ago
Here we go again, just empty talk. In reality, how many people can actually invest continuously for 30 years?
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AirdropworkerZhang
· 23h ago
5K saved per year for 30 years? Wake up, most people can't even afford their monthly payments.
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PancakeFlippa
· 23h ago
An annual income of $5,000 can last for 30 years... What kind of fantasy script is this? I couldn't help but laugh.
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Rugman_Walking
· 23h ago
Damn it, it's the same old line again. 28 years old and 1.9M? Wake up, everyone.
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OneBlockAtATime
· 23h ago
It's another one of those "perfect on paper" scams. Do they really think every family can just casually shell out $5,000?
So the administration's pitching this savings account scheme - drop in $5K annually, and supposedly you're sitting on $1.9 million by age 28. The catch? Almost every dollar comes straight from families themselves. Classic compounding math on paper, but who's actually got five grand lying around each year for nearly three decades? Feels like another financial plan that looks brilliant in spreadsheets but ignores real-world liquidity constraints.