You ever hear the story that goes something like "Invest $5K per year for 20 years in an Index fund and have over $1M? It's not true...
In this video I react to financial advisors reacting to money advice on Tiktok (its like a dream within a dream within a dream), and then I break down how compound inflation destroys wealth over time.
Index fund calculator with a field for Inflation:
https://www.bankrate.com/calculators/...
Long term average inflation since 1913
https://inflationdata.com/Inflation/I...
Average inflation per year since 1979
https://www.worlddata.info/america/us....
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