As he frequently does, Markus added a pinch of irony to his opinion, but this is apparently how he continues to attract the interest of his 2.1 million X followers.
The figures revealed by Markus hint that, so far, millennials’ retirement savings are nowhere near their target and equal approximately one Bitcoin.
However, Markus added, millennials have a plan to retire by the time they turn 59, posting a “grimacing face” emoji. Taking into account the statistic that millennials (the generation born between 1981 and 1996) have reached the ages of 28-43 years old, those who were born in 1981 or slightly later will perhaps hardly manage to set aside $1.65 million by age 59. This seems to be Billy Markus’s message, which triggered a heated discussion in the comments, where X users posted mixed reactions – from agreeing to Markus’s take with humor to sharing arguments as to whether millennials will have to retire about 10 years after they turn 59 or with less money saved.
Many also raised the issues of current inflation in the U.S., and the growing state debt, which can hardly have a good financial impact on average people’s bank balance.
Earlier this year, he even admitted he would rather have one whole Bitcoin than one Dogecoin. Thus, he could be hinting at BTC and millennials’ love for this new fintech when mentioning the sum of $62,600.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com
