[Dogecoin founder hints that millennials’ retirement savings total 1 Bitcoin, which is worth paying attention to]
Dogecoin founder Billy Markus, known on social media as Shibetoshi Nakamoto, shared his thoughts on the current state of retirement savings among millennials on his X account. In a sarcastic tone, Markus noted that Millennials’ retirement savings are well short of their target, roughly equivalent to one Bitcoin.
Markus noted that Millennials need about $1.65 million to retire comfortably, but sarcastically suggested that they may have only saved $62,600, a figure that may reflect the current inflationary environment in the U.S. that is not conducive to regular savings. Millennials plan to retire at age 59, but in reality, that goal is difficult to achieve, he added.
Millennials (born between 1981 and 1996) currently range in age from 28-43, and those born in 1981 or later may have a hard time amassing $1.65 million by age 59. This sparked a lively discussion in the comments, with reactions from X users ranging from humorous agreement to sharing different perspectives on retirement planning for millennials and the impact of America's inflation and national debt problems on savings.
Markus mentioned $62,600, which is the value of Bitcoin. He often posts about Bitcoin price fluctuations and investing. He has said he would rather own an entire Bitcoin than one Dogecoin, hinting at Millennials' love for new financial technologies such as Bitcoin.
