that they like being a wagie 
https://old.reddit.com/r/melbourne/comments/1be7eee/is_anyone_else_just_happy_with_a_retail_or_hospo/
For reference, the minimum wage for retail managers as per the general retail award is ~$27AUD or $18USD full/part time.
. But everyone is different. You may be happy working your entire life in a job like that. 
[end thread]
doesn't function. And they SHOULD be able to have a house and retire with ANY job 
. Go lick a boot.y'see, they're right but not for the reason they think. our GDP would be fricking obliterated if the service industry stopped because we don't make anything
Do none of you have any darn ambition? I'd already bought my first apartment at 24. -4
evidently not
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Until you realize how important it is to start throwing money in your 401k as early as possible
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I don't understand how my 401k is supposed to work. The rate my balance goes up doesn't seem to match their "projected monthly income at retirement" claim. Like, is that if I'm only drawing from my 401k for two years before dying?
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401k is a long term investment strategy. The average return over 30 years is 11% YoY, but it's not symmetrical. You may have a 5% return one year and a 20% return another.
Ideally you would pull out 4% per year and combined with SSI would have enough to retire on.
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Yes that's taking into account your compounding interest and the average yearly gains over that time. It wont be a lot early on but come 20-30 years you will be killing it if you max it out or come close to maxing it out in your early 20s. A company with good 401k matching can make that significantly easier to do
Just don't die early
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