Do you think the stock market will continue to provide protection against inflation over the next 20 years?
When baby boomers need to start liquidating?
Do you think inflows will continue to outpace outflows, even though the generation with the most wealth will be selling?
I think this is something a lot of people are ignoring when they predict that you need to invest $100-$200/month to become a millionaire over the next 40 years.
What will a million dollars be worth then?
I think millennials will need $4M-$5M to retire, and this will be to JUST fund the bare minimum spending.
Gen Z will probably need $5M-$7M.
I think inflation will rise as governments around the world kick the can down the road for even longer to support baby boomers who barely saved anything.
This is going to hurt future generations for a very long time...
Unless they save in #Bitcoin.