Is it worth it to be broke in your 20s/30s but have millions of dollars in your 50s?
- PLv 72 months ago
If you make it to your 50s
- Anonymous2 months ago
Is this hypothetical? Or did you hit the jackpot?
- GA41Lv 72 months ago
Yes, it is. You must build up savings for the miracle of compounding interest to take effect. Then you won't have to continue to work for money, your money will work for you. Buy assets with your money when you are young, not consumable goods which perish. There are many people who face retirement with no assets, nor the hope of building any wealth in the short time they have left.
- SavannahLv 62 months ago
No, it's not worth it. Having money is important.
- What do you think of the answers? You can sign in to give your opinion on the answer.
- THBBFT!Lv 72 months ago
It's worth it to have millions of dollars at any time in your life as long as you don't spend it all long before you die.
- I Am MaleLv 42 months ago
What?... Did you hit the lottery or something in your 50s? Or what the hell did you invent?