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How can the stock market crash affect the younger generation as we have to work till we are 90 anyway?
12-13-2012, 02:02 AM
Post: #1
How can the stock market crash affect the younger generation as we have to work till we are 90 anyway?
We have been told Social Security and Medicare will be long gone for the x generation- so very little of this will affect us the next 60 years as they will probably bring about a new world order of doing things anyway.
Well, the idea about working till ninety is that without 30-40 hours of work at regular wages one will not be able to exist in some relatively worthwhile lifestyle at any age. Just looks like a hopeless treadmill in the future for us.

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12-13-2012, 02:10 AM
Post: #2
 
That is true. The stronger corporations will survive the stock market crash and the value of its stock will go up within a few months.

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12-13-2012, 02:10 AM
Post: #3
 
It doesn't have to have a large impact. Life will go on and still is, regardless of the stock market. Learn the basics and really sit down with pencil and paper to plan your financial future so you don't have to work until you're 90, which is still OK, I mean what else are you going to do? Might as well be needed, dude Wink
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