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Be born in a booming economy to wealthy families. Go to extremely cheap college when college graduates a rare enough to be valuable.
I don’t think most people really benefit from most financial advice simply because until you have enough generational wealth to invest, you’re stuck in the lower middle class or below where you have nothing but the income you can get from working for someone else. I just sort of laugh at retirement advice simply because if you have enough money to be able to invest a substantial sum of money, you already have enough experience with money to do okay. If you don’t, the advice of “just invest 10,000 dollars” kinda assumes a person having a spare ten grand laying around. Most would struggle to find enough to save for emergencies, and have no money to invest on the idea of retirement.
There are some pretty depressing statistics on "people who just leave money in their corporate 401k as cash", even amongst smart people. A lot of people really do need that advice.
Honestly that was me until like a year ago, and I'm a mid-30's lawyer. Not proud of it, but facts are facts.
I consider myself fortunate that my dad taught me "always contribute at least enough to get the company match; it's free money" and my first company automatically picked a target date fund as the default. Meant I was in a good spot by the time I finally did become a bit more financially literate.
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