Kids, 401(k)s and Water
What do kids, 401(k)s and water have in common? Most people don't want to take care of their own kids, 401(k)s, and water. Instead, most people expect to use other people's kids, 401(k)s and water for their retirement.
A lot people don't think their retirement depends on the the quality of how they raise their kids or how they maintain their 401(k)s. A lot of people say they are not going to depend on their kids in their retirement. What happens when everybody raises their kids to take care nobody? Nobody takes care of old people. What happens when people avoid taking care of their own company because they can buy 401(k) investment in other people's companies? No company is worth investment and nobody has a retirement.
Both kids and 401(k)s are like local water. A lot of people are dependent on bottle water because there is no good local water. When everyone says they can trash their local water then there is no distant water for drinking. Why? The locals in the distant waterhole, watershed or water system have trashed their local water. When nobody takes care of their kids, 401(k)s or water, nobody has retirements or water.
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