{
  "id": 5641983,
  "title": "No ‘sympathy’: Joe Rogan stunned after Caleb Hammer says each American boomer should have $2M-$5M nest egg. Is he right?",
  "url": "https://urgent.news/2026/09/03/no-sympathy-joe-rogan-stunned-after-caleb-hammer-says-each-american",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-03T11:45:00.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/no-sympathy-joe-rogan-stunned-114500184.html"
  },
  "original_language": "en",
  "account": "Caleb Hammer, a financial influencer, recently expressed his lack of sympathy for boomers on The Joe Rogan Experience. He claimed that if someone born in 1990 had saved 5% to 10% of their salary in the S&P 500 for 40 years, they would have accumulated a multimillion-dollar nest egg. Rogan asked Hammer to confirm this claim, to which Hammer said that an average earner would have around $2 million to $5 million. However, upon further research, it appears that the actual outcome may be less explosive than Hammer's claim suggests. Based on Social Security Administration data, the national average wage increased from $21,028 in 1990 to $69,847 in 2024. Using S&P 500 total return data and assuming annual contributions with dividends reinvested, an average earner investing from 1990 through 2025 would have accumulated more than $1 million, even with conservative assumptions. This demonstrates the power of compounding over decades, which Hammer correctly emphasizes.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}