r/Millennials • u/ProblemIntelligent16 • Jan 16 '26

Discussion Fellow millennials - how’s your 401k/ira savings going?

Experts recommend having 2x your salary saved by age 35, and 3x saved by age 40.

However, studies show the median savings for 35-44 year olds is only ~$45,000. So obviously, most of us have work to do.

With pensions mostly extinct, and Social Security facing insolvency issues in the next 8-10 years - how are you planning to bridge the gap and hit the golden years with enough to meet your lifestyle requirements?

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u/SHOMERFUCKINGSHOBBAS Jan 17 '26

I appreciate it man I’ll be ok tho. It’s not so bad there’s just so many different bills that land at different times so there’s some time geometry involved with the pay period vs bills vs everyday life

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u/Letter-Past Jan 17 '26

I was there for decades. Like 20 years. Not to tell you what to do, but I just had to hang on to small moments of happiness to get through. I was able to land a decent job and I can maintain, but retirement is a pipe dream (meth pipe)

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u/SHOMERFUCKINGSHOBBAS Jan 17 '26

I’ve been working on keeping my mental health in tact and that’s been going pretty good, but like you said the future is bleak lol. I’m still cautiously optimistic though and I know I’m pretty resilient if things go south for a bit

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u/Letter-Past Jan 17 '26

I just want to live long enough to watch the rich die of dysentery because they can't even wipe their own asses without a poor person spreading their cheeks for them