Nice NY Times article about millennials saving for retirement

[2sk22]

https://www.nytimes.com/2020/11/27/business/millennials-retirement-saving.html?action=click&module=News&pgtype=Homepage

Ample savings can be the safest hedge against uncertainty. At a time when the nation’s economy is faltering and virus cases are surging, padding a rainy-day fund may boost confidence and ease anxiety. For some 20-somethings who are developing saving habits early and starting to think about planning for retirement, the act of saving anything at all can create an immediate sense of security.

“If there’s a silver lining to some of the instability and uncertainty in the world — it might cause some folks to save more,” said Hal Hershfield, an associate professor of marketing and behavioral decision making at the U.C.L.A. Anderson School of Management. “These are unquestionably bad things that are happening in the world, but to the extent that the recognition that income and job stability are not a guarantee, there may be awareness that things can change overnight.”

[bacchi]

Yeah, it's a fair article.

It helps that it only hints at RE ("[The video] was how to get rich in 22 years, and the general math and concept of compound interest, the snowball effect, and how eventually your gains are making gains.") Any FIRE article is bound to attract the disbelieving and jealous.

[charis]

The article is very mustachian friendly, but features high earning young people. So that will be the biggest hole people will try to poke in the story.