Saving money is stressful enough without people telling you how much you should save but thanks to the the folks over at MarketWatch, Twitter users have started freaking out over their lack of funds.
In an article shared by the financial media company, it said that people should have twice their salary saved by the time they are 35, according to ‘retirement experts’.
However, Twitter users don’t seem too convinced and have taken to the social media platform to share their annoyance over the far-fetched financial suggestion.
Unheard of: An article shared by MarketWatch said that people should have twice their salary saved by the time they’re 35
Not buying it: However, Twitter users don’t seem too convinced and have taken to the social media platform to share their annoyance over the far-fetched financial suggestion
Ignore it: One person said that the article should be addressed to those who are already rich
One person wrote: ‘I can’t be only one who reads this and thinks “Who are they TALKING to?” I didn’t have that much saved in my 30s. No one I knew had that much saved their 30s and most of us were solid middle class.’
‘Is this advice only for the rich? If so, maybe start w/ “95 per cent of Americans can ignore.”‘
Another person commented on the article in a tweet that said: ‘When did my mom start writing articles.’
And more people jumped on the roasting bandwagon with tweets that hilariously said that people in their mid 30s should have ‘debt twice your salary’ and by 35, ‘you should have collected all the Chaos Emeralds and have half the Infinity Gems in your grasp, say retirement experts’.
Correction: Another person made some edits to the article and said that ‘you should have debt twice your salary’
Parental financial advice: And another person asked in a tweet when their mom started writing articles
Impossible: Someone even tweeted a list of impossible tasks to go along with the outlet’s advice
More people ridiculed the financial outlet with one who said: ‘By 42, you should be able to lift thrice [sic] your own weight. By 16, you should have written your first screenplay.
‘By eight, you should have your self portrait hanging in the Philadelphia museum of art’ and another that said: ‘[Turns pockets inside out; two moths fly out] oh no my moths.’
And then there were those who said they were ‘nailing’ their financial responsibilities because ‘as a freelancer, I don’t actually have a yearly salary.’
But the best response to the article came from Twitter user Mark Agee who despite the mockery was able to see that the article had some good advice, which he shared in a tweet that said: ‘Everyone’s roasting this, but to be fair “be rich” is very good financial advice.’
Collecting emeralds not money: And another tweet joked that by the age of 35, ‘you should have collected all the Chaos Emeralds
No money, no problem: And someone else shared they were ‘nailing’ the advice because they don’t actually have a salary
Empty pockets: Someone hilariously tweeted that their pockets had moths rather than money
Best response: Twitter user Mark Agee shared that despite the mockery the article was facing, it actually had some good advice
And although the article may not have declared ‘being rich’ as the end all be all way to do well financially in your later years, it did provide some other tips in order to make sure your pockets aren’t suffering years from now.
The article said: ‘By 30, you should have a decent chunk of change saved for your future self and by 35, you should have twice your salary but everyone can do that.’
‘Today’s 30 year olds (and the soon-to-be 30 year olds) are plagued with crippling student debt and on top of that, some millennials are skipping starter homes altogether for a bigger home and, as nice as that is, home prices are rising as are mortgage rates.
But fear not because even if you are no where this leave of financial stability, which clearly a lot of people aren’t, there is still time to hit the ground running and make plans to ensure you have enough money to retire in the Caribbean.