Even if you’re in this condition, you need to be saving something just to build an emergency fund. Also, if your company has a 401k program, contribute at least 1% to that. Anything is better than nothing.

I am retired. My biggest concern is hyperinflation. I have a hedge to cover it.

In a perfect world, investing will keep up with inflation, like you say. You just have to be willing to take the risk to maximize returns. Everything has risks, even saving.

William “Bill” Myers, Analyzes all, Programmer, retired. If you learn anything new, find enjoyment, have a new thought, then I’m successful. Photo: 1st article

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store