Painty_The_Pirate

Painty_The_Pirate t1_jaayfvt wrote

Nvm poor people definitely play a role, I just had ChatGPT estimate the total amount of invested capital in the US that's in retirement accounts...it came up with ~4 trillion in 2019 just for households headed by someone 55-64. That's 10% of the S&P's total market cap TODAY (still slightly higher than 2019).

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