My wife has NPR playing in the other room, and some real genius is giving out really bad retail investment advice (keep putting into your 401k!).
My bad, it was the Gimlet / WSJ podcast. Bigger oof.
To be completely clear, in case it's not obvious why I'm saying this is awful advice, I think this is bad advice because:
A) Bailouts will likely not be coming for a lot of the pillar companies in these ETFs, and they're all going to need bailouts to survive.
B) In the unlikely event bailouts do come to all the industries that require them, we'll rack up double-digit trillions in new money minted, which will incite a hyper-inflationary cycle, and your equity-based retirement is worthless.
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