Millennials believe they will need $2.1 million saved in order to retire.
@zaphod@lemmy.ca
link
fedilink
English
17M

And the first paragraph of the article uses the word “believe”, which has a much softer connotation.

The subject line strongly implies that Canadians did the math and “expect” to need $1.7M for retirement.

When you look at the actual article, it’s simply an opinion survey reporting what people said, answers for which could be the result of anything from a rigorous financial plan all the way to a finger in the air guess.

So the headline implies a great deal more certainty in the quoted figures than is actually indicated in the article or supportable by the data.

In short: no, I stand by my claim the article headline is absolutely misleading.

I feel like you’re taking a very specific interpretation of the word “expect”. I don’t believe most people would interpret “expect” as being the outcome of crunching the numbers, so I still disagree that the headline is misleading. Still, I appreciate your explanation of your thinking.

Create a post

What’s going on Canada?



Communities


🍁 Meta

🗺️ Provinces / Territories

🏙️ Cities / Regions

🏒 Sports

Hockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


💻 Universities

💵 Finance / Shopping

🗣️ Politics

🍁 Social & Culture

Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


  • 1 user online
  • 140 users / day
  • 329 users / week
  • 680 users / month
  • 2.26K users / 6 months
  • 1 subscriber
  • 5.31K Posts
  • 47.8K Comments
  • Modlog