Dogecoin creator Billy Markus, known on social media as Shibetoshi Nakamoto, shared his thoughts on the current state of retirement savings for millennials on his X account. As he often does, Markus added a little sarcasm to his opinions, but it was clearly his way of continuing to attract the interest of his 2.1 million X followers. The data Markus published suggests that so far, millennials are nowhere near their goal for retirement savings, which is about the equivalent of one Bitcoin.

Markus highlights major problem with retirement savings for millennials Shibetoshi Nakamoto elaborates on the statistic that millennials need about $1.65 million to live comfortably in retirement, but he doesn’t cite any figures. He then sarcastically suggests that they probably haven’t saved much money so far, mentioning the $62,600 figure – perhaps a random or metaphorical choice just to show that current inflation in the U.S. doesn’t provide the most stimulating environment for making large retirement savings on a regular basis.

However, Marcus added that millennials plan to retire at age 59, posting a "grimacing face" emoji. Considering that millennials (the generation born between 1981 and 1996) are now aged 28-43, those born in 1981 or slightly later may have a hard time saving $1.65 million by age 59. That seemed to be Billy Marcus' message, which sparked a lively discussion in the comments, with X users posting different reactions - from humorously agreeing with Marcus's point to sharing arguments about whether millennials must retire about 10 years after age 59 or save less.

Many also brought up the current inflation and growing government debt issues in the U.S., which hardly have a good financial impact on the bank deposits of ordinary people. Did the DOGE founder just hint at Bitcoin? In the tweet, Marcus mentioned the figure of $62,600, which was the price of Bitcoin, the world's flagship cryptocurrency, on Tuesday. Satoshi Nakamoto frequently talks about BTC in his tweets, commenting on Bitcoin's price volatility and investing in Bitcoin. Earlier this year, he even admitted that he would rather own a full Bitcoin than a Dogecoin. So when he mentioned the amount of $62,600, he might have hinted at BTC and the millennials' love for this new financial technology.