• WolfLink@sh.itjust.works
    165·
    2 months ago

    Bad idea because

    1. Jobs hiring will complain about the gaps in your resume
    2. when you are too old to work anymore you will have nothing
    • Empricorn@feddit.nlEnglish
      25·
      2 months ago

      My 401k is being destroyed by an orange idiot who’s literally enjoyed entitlement his entire life. When I’m too old to work, I’ll just die.

      • Sc00ter@lemm.ee
        61·
        2 months ago

        Are you paying attention to your 401k? S&P is up ytd. If youre actively paying attention to your 401k, yours should be doing even better than that.

        I dont care what side of the political aisle youre on, but your retirement 401k shouldn’t be being deatroyed right now

      • Tb0n3@sh.itjust.worksEnglish
        2·
        2 months ago

        If everybody suffers at the same time it kind of equals out. 401ks are typically based on market indexes, so with wages stagnating and markets slowing everybody loses. And if everybody loses, nobody loses.

    • p_kanarinac@retrolemmy.com
      3·
      2 months ago
      1. Not if you’re a freelancer. I know some people who’ve been doing that for years, no issues getting a new gig.
      2. Then you retire.
    • blarghly@lemmy.worldEnglish
      2·
      2 months ago
      1. Be good enough to get hired and maintain industry connections. Have various skills sets you can use to get hired in various fields. Taking time off to travel is high status, and many companies won’t blink if that is your reason.
      2. Max out your 401k first. Retire to Thailand.