President Joe Biden in a public letter to congressional Democrats is standing firm against calls for him to drop his candidacy after his dismal debate performance.
Bro, a 25 year old who happened to get a job in tech 5 years ago is a millionaire. Baseline retirement savings is a couple million. Pretty much any upper-middle-class professional career (doctor, lawyer, finance) is going to net you a few million within several years.
It’s not the thing you think it is. The truly wealthy are pulling in 1,000x to 100,000x that number.
He really isn’t wealthy, did grow up in a working-class environment, and certainly is not a trust-fund baby, billionaire, or media celebrity. Kind of hilarious assertion considering the competition.
What candidate would you like to see replace Biden?
(weird how 15-20 upvotes is the baseline for these kind of comments.)
I don’t think you understand how money works. You literally just described a trust fund baby because nobody is making a couple million dollars just because they got an advanced degree. Doctors that make the big bucks have to go through 12 years of schooling. And then they’re paying that back for a decade before they get to enjoy their income. So yeah at the age of 40, assuming they were successful in their residency, assuming they got a good hospital job, then they get to spend another 5-10 years saving for retirement.
You can’t just look at the high end of a career and assume you walk into that kind of money. That’s not how it works unless you have the high level connections a trust fund baby would have.
Bro, a 25 year old who happened to get a job in tech 5 years ago is a millionaire. Baseline retirement savings is a couple million. Pretty much any upper-middle-class professional career (doctor, lawyer, finance) is going to net you a few million within several years.
It’s not the thing you think it is. The truly wealthy are pulling in 1,000x to 100,000x that number.
He really isn’t wealthy, did grow up in a working-class environment, and certainly is not a trust-fund baby, billionaire, or media celebrity. Kind of hilarious assertion considering the competition.
What candidate would you like to see replace Biden?
(weird how 15-20 upvotes is the baseline for these kind of comments.)
I don’t think you understand how money works. You literally just described a trust fund baby because nobody is making a couple million dollars just because they got an advanced degree. Doctors that make the big bucks have to go through 12 years of schooling. And then they’re paying that back for a decade before they get to enjoy their income. So yeah at the age of 40, assuming they were successful in their residency, assuming they got a good hospital job, then they get to spend another 5-10 years saving for retirement.
You can’t just look at the high end of a career and assume you walk into that kind of money. That’s not how it works unless you have the high level connections a trust fund baby would have.