O’Leary Warns Generation Z $28 Lunches Could Cost $800,000 in Retirement
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币界网报道：Legendary investor Peter Leary warns that younger generations face severe financial challenges, estimating that 28 lunches today could cost $800,000 by retirement age due to inflation. The former Fidelity Magellan fund manager, known for beating the S&P 500 for 15 years, cautions that current economic policies are eroding purchasing power. Leary's stark calculation assumes 7% annual inflation over 40 years, highlighting how small expenses compound into massive sums. His comments come as younger workers struggle with rising costs of housing, education, and healthcare while trying to save for retirement. The warning underscores growing concerns about long-term financial security amid persistent inflation
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