[xwiz]

> The whole point is mainly one about being honest about WHY we have to work 40-60 hours a week so we can stretch to afford a million-dollar starter home, two luxury cars, designer clothes, and IG-worthy vacations.

I have never met a single person of my generation for which this holds true. If this is the perspective that the author is trying to refute, fine, but I cannot say that it is a common one.

> $200,000 in savings would give you $10k a year in interest income to live on at current rates, for instance.

Come on. Most Americans will never see $200K in their life. [1]

[1] https://www.economicpolicyresearch.org/resource-library/rese...

[xp84]

Okay, but we are reading this on HN. Anyone working for the past 10 years in tech should have that much saved up easily. If for the past 10 years you put just $400 a month into SPY and did nothing else, you'd have about $95,000. About 126k for QQQ. [0]

And I don't think most people can't afford to save $400 a month. Lots of people save that much.

[0]: https://dqydj.com/etf-return-calculator/

[johnny22]

Why would you assume people are talking about themselves just because it's on HN? I'm reading these comments much more broadly.

[xp84]

I didn't mean to assume anything about the whole world, but we are talking about ourselves here, so our situations matter to us. I read the article as a thought experiment that is available to me personally and many others, even if it isn't practical for literally every human being.