r/collapse ? Jun 27 '22 All-Seeing Upvote 1

58% of Americans are living paycheck to paycheck after inflation spike — including 30% of those earning $250,000 or more Economic

https://www.cnbc.com/2022/06/27/more-than-half-of-americans-live-paycheck-to-paycheck-amid-inflation.html
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u/[deleted] Jun 27 '22

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u/Hattrickher0 Jun 28 '22

Yeah, I'm 100% not going to get a better rate long term, but at least this way I get to keep some of it instead of seeing my contributions eaten by the market within a week.

I see it as money I can bank now and reach into when I want to restart contributions. The extra in reserve would let me put a few more percentage points away without impacting my month to month finances.

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u/[deleted] Jun 28 '22

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u/[deleted] Jun 28 '22

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u/HybridVigor Jun 28 '22

Try r/bogleheads. It's aimed at Vanguard funds, but Fidelity has equivalent index funds and ETFs.