ilmscore | Millennials Will Never Be Able To Retire

Millennials Will Never Be Able To Retire

Published: 2024-04-24
Status: Available | Analyzed

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Unrated: 0
Prediction
Topic
Status
The Social Security trust fund is projected to decline by 2034 if current trends continue.
"if this continues the Social Security trust fund is expected to decline by the year 2034"
Social Security Trust Fund
Pending
A significant portion of Americans, particularly those under 45, will likely not have sufficient savings and investments to retire at 65 if current economic trends persist.
"most Americans if not most Americans especially those of you who are under the age of 45 if you continue working and if things continue the same way that they are now most Americans are going to be nowhere near having enough money in their savings and Investments to retire by the time they turned 65"
Retirement Age
Pending
The speaker believes most Americans, especially those under 45, will work beyond the age of 65.
"most Americans I believe will end up working way past 65 especially those of us who are under the age of 45 today"
Retirement Age
Pending
The S&P 500 has grown by approximately 70% over the past five years.
"if you take a look at the Last 5 Years of the S&P 500 what you'll see is that the S&P 500 has grown by around 70% over the last 5 years"
S&P 500 Growth
Pending
Consistent investing through market fluctuations, especially during downturns, presents opportunities to buy assets at significantly lower prices.
"investing your money consistently when markets are up and down when markets are down in fact that creates even better buying opportunities because you can buy Investments for pennies on the dollar in some instances"
Investment Strategy
Pending