We Are Doomed

April 5, 2016
How Do You Know When You’ve Made It Financially?

Millennials are also the most competitive about reaching those milestones, with 45 percent saying that it’s important to them to feel like they’ve “made it” before their friends.

With friends like that, who needs enemies? Seriously.

Hurray! One of my friends just had a heart attack! Thanks to our expensive health care system, that should set him back decades!

Yay! Another friend just died in a horrible car accident! He's totally out of the running now!

Unfortunately, one of my friends is doing quite well. That's why I'm setting him up on a blind date with a very attractive "gifted" astrologer with an expensive gambling addiction and a s%^tload of debt! Welcome to the pain train, friend! Woohoo!!

In all seriousness, very few people will ever truly know that they've "made it" financially, unless we assume that our future American economy can be extrapolated from the distant past American economy. Some, like Jeremy Siegel, seem to think it can. I'm not nearly so confident.

Further, if you have to ask how you know you've made it, then you haven't made it. That's just an opinion, of course.