Steve Chen 🇺🇸 🚀

Account run by the founder of Boldin (formerly NewRetirement), which offers Financial Planning and Management as a Service ☁️😊

[Steve Chen 🇺🇸 🚀 @NewRetirement]

In 1949 an epidemiologist, made the first correlations between cardiovascular health and exercise.

Jogging didn’t become normalized until Bill Bowerman from @Nike wrote a book about it.

I hope we look back at planning and financial maintenance the same way.

[Steve Chen 🇺🇸 🚀 @NewRetirement]

@Robert_A_Berger Or they used AI to game plan the negotiations and convinced the buyer that vision wasn’t enough…

Or it’s supply and demand and the bidders believe it’s a zero sum game -first to AGI rules the world so $100M doesn’t matter.

[Steve Chen 🇺🇸 🚀 @NewRetirement]

When your 24 yo son starts reading the Chinese family history and realizes his ancestors were bad af 😂

[Steve Chen 🇺🇸 🚀 @NewRetirement]

@Shpigford @maybe Hi @Shpigford sorry to lose someone smart building in this space and appreciate your tough decision. It’s a grind and not simple or easy.

If we can be helpful to any of your users please let me know.

Good luck with your B2B approach.

[Steve Chen 🇺🇸 🚀 @NewRetirement]

@auren About half of the US can’t come up with $500 in an emergency…

[Lenny Rachitsky @lennysan]

Anthropic co-founder Ben Mann on why he chose Montessori for his daughter:

"If this were 10-20 years ago, I'd be lining her up for top-tier schools and extracurriculars. But now I don't think any of it's going to matter. Learning facts is going to fade into the background. What matters is that she's happy, thoughtful, curious, and kind."

[Steve Chen 🇺🇸 🚀 @NewRetirement]

@deedydas Great insights - glad the spirit lives

[Steve Chen 🇺🇸 🚀 @NewRetirement]

@hnshah “Everything has a cost” @morganhousel

[Steve Chen 🇺🇸 🚀 @NewRetirement]

Worth reading - messing with universities, discouraging the best and brightest from wanting to build in the US, breaking down partnerships with our allies is making us weaker not stronger.

https://t.co/fyEyw7dvd6

[Steve Chen 🇺🇸 🚀 @NewRetirement]

@JBenoff @ramit Feels like people need to budget way more now for the years when their friends are all getting married

[Steve Chen 🇺🇸 🚀 @NewRetirement]

@TrungTPhan Now do pay phones

[Steve Chen 🇺🇸 🚀 @NewRetirement]

@morganhousel You’re bringing the “Geriatric Millennial” vibes

[Steve Chen 🇺🇸 🚀 @NewRetirement]

@thesamparr That is crazy

EU: 175K heat related deaths / year vs 2-10K US
US: 47K gun related deaths / year vs EU super rare

https://t.co/a5vXJNF7fQ

[Steve Chen 🇺🇸 🚀 @NewRetirement]

@nntaleb A couple of thoughts
1) not sure the analogy makes sense - you have time and often human capital to adjust during retirement
2) check out Die With Zero - many people want to balance the utility of their human capital (enjoy life) with being their wealthiest in their 80s/90s

[Steve Chen 🇺🇸 🚀 @NewRetirement]

@signulll Who could do this?
- Zuck
- Elon
- Bezos
- Sergey
- Gates

And one who did. Takes a founder with god level money and the right time / risk appetite.

[Morgan Housel @morganhousel]

It’s easy to spot other people’s bullshit and nearly impossible to recognize your own.

[Steve Chen 🇺🇸 🚀 @NewRetirement]

@TrungTPhan The acoustics in the car are 🔥

[Steve Chen 🇺🇸 🚀 @NewRetirement]

@RyanLEllis @biggsag Makes sense, but I’m not aware of any standard / accepted local poverty level

https://t.co/Ko6WXujEQ5

[Steve Chen 🇺🇸 🚀 @NewRetirement]

Was discussing this with a bunch of fintech founders yesterday at the Fiat Growth fintech meetup in SF

https://t.co/BtGvGm5JPZ

[The Kobeissi Letter @KobeissiLetter]

US graduates are struggling to find a job:

The unemployment rate among new college graduates has averaged 6.6% over the last 12 months, the highest in a decade, outside of 2020.

The jobless rate for people aged 20 to 24 who are looking for work and have at least a bachelor’s degree has risen by ~1.3 percentage points in 3 years.

By comparison, the nationwide unemployment rate stands much lower, at 4.2%.

Furthermore, the unemployment among college grads aged 22 to 27 averaged 5.8% in Q1 2025, according to the NY Fed.

As a result, the unemployment gap between young graduates and the general population is now the largest in ~35 years.

Graduates are facing an unemployment crisis.

[Steve Chen 🇺🇸 🚀 @NewRetirement]

@Jake___Oliver @camp_wealth Helping other people is a proven way to improve your sense of well being 💪❤️