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A comment on Most Millennials are not on track when it comes to saving for retirement. Parent comment

Re:Most Millennials are not on track when it comes to saving... by sdinsn on Monday August 13, 2018 @04:02PM (#17753145)
Keep in mind compound growth. Over the last 5 years, S&P 500 is up almost 100%.
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Re:Most Millennials are not on track when it comes to saving... by baq on Monday August 13, 2018 @04:33PM (#17753404)
But don't forget that past performance is not a predictor of future results. It may crash 50% in a month. Don't take growth for granted.
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Re:Most Millennials are not on track when it comes to saving... by gnicholas on Monday August 13, 2018 @04:36PM (#17753428)
I think GP was making the point that the retirement account balance may be largely due to the recent run-up. You're right of course that it can (and will) go down in the future!
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Re:Most Millennials are not on track when it comes to saving... by sdinsn on Monday August 13, 2018 @08:48PM (#17754796)
Of course, but that isn't related to the current discussion
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