Programming note: Millennials are saving early for retirement. What does this mean for their futures? Join us today at 12:30 p.m. ET for a live Twitter Spaces discussion.
What’s the most significant investment you’ll make? Not Bitcoin (unless you bought a lot, several years ago) and not even, say, those risk-free U.S. savings bonds with a near-10% yield. For most of us, our jobs are our most significant investments. The stakes are long-term, the returns — our wages — are predictable, the risks generally low. But with inflation eating into earnings, the factors that go into our cost-benefit calculations of what we get from our jobs have shifted.