Very fair point. I guess the only counter to that is: by 50+ you’ve had a lot of time to try resolve that, if you truly wanted to start something and realized it would be a limit I’m sure that’s enough time to give it a serious shot. Also, if you’re 50+ and have no savings, do you need a serious plan for the next 30 years because you physically cannot work forever.

My personal experience coming from a low income family, i managed to pull off 16k i savings by 21. Individual experience is obviously a low sample size, but I know it’s a possibility.