MarketWatch, a financial information website, recently published an article called “Money Milestones: This is how your finances should look in your 30s.”
According to it, by your 30s, you should have a year’s worth of salary savings in your retirement fund, and by 35 double of that.
The article mentions that millennials are not able to make these saving because of student debts and mortgage loans, but that they should have these savings anyway.
In this laughable list, they mention: accumulating a year’s worth of salary, keep saving money while paying off student debt, opening a Roth IRA, and start saving for kids’ education.
They published this article on Twitter and of course, people were not having it. Read their responses below.