'you can invest this and you'll never pay anything on it, but you can only put so much in'

what can u do with a 401k

basically its so that everyone who works can have a million dollars when they retire if they really try

what's the point of it

that's the idea

the only thing that sucks about 401 is its not liquid and linked to the stock market

<:black_pill:565703068478341151>

oh so like freeze money u mean

stocks tank you fucked

have a event where you need it cashed

you fucked

<:honkpilled:558686758875824130>

i'm just gonna die

that's my plan

based

i'll contact mossad

and really if your under 50k mark you dont have the cash to put in said 401k

see if they are hiring

im not gonna make it past 20 <:CHAD:396569198404435969>

shut up

imma become a neet med

Damn I need to sign on with the labour party

<:CHAD:396569198404435969> <:CHAD:396569198404435969> <:CHAD:396569198404435969>

Labour party baseeeddd

Moving to the UK to subvert the labour party brb

heres an example, say you invest

yo baste

after 30 years, most of your savings are actually growth from investment, not your original contribution

so capital gains will take a fucking massive bite out of your savings

Ok I should actually go

Why does it have to rain?

lol it's early in canuckistan

it's 1:09 here in britbongland

you can put cash in 401k if you make under 50k

wtf dude

It's 8pm

I'm 28. Is it too late for me

In my part of Canada

There are 6 time zones tho

i put money in my IRA when i made 20k

the biggest black pill no one ever tells you in life when it comes to money............. end of life cost of health care will take every dallor you have saved and made