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You’re not wrong, but the onus is on whom to provide financial literacy? The majority of people do have a safety net in social security. While it may not be en

• nemomarx 16d ago
  Is it something? like do you think the program will still be around in 50 years for today's graduates, etc?
  • rootsudo 16d ago
    1. I’ll be in that cohort so yes, I hope it’d be around. 2. There is a cost of living adjustment matched to inflation. 3. It was supposed to supplement your retirement not fund it. But I do agree it is on shaky ground with the current administration and the future of the US dollar in the world. The problem is, if I’m critical of it and it crashes, I get nothing. So why would I be critical of my own interest? Do I have alternatives such as buying vanguard ETFs and minimizing risk? Yes, is that the primary vehicle? More assurance than social security, that’s for sure. But who knows what’d happen in 25 years.
• SoftTalker 16d ago
  > the onus is on whom to provide financial literacy Should be a huge part of the K-12 curriculum in a putative capitalist country, but we barely touch on it. Kids graduate high school and don't really understand time value of money or how a credit card, a 401k, a car loan, or a mortgage work.