From the Wall Street Journal. Select quotes, rearranged for maximum irony:
The average 401(k) balance was $131,700 at the end of 2024.
“What’s more important to me than having a few extra dollars in my retirement is that this country is set up for success,” Paris said.
The couple have lost $70,000 in retirement savings since January.
“He’s doing some hard work, some things that are very difficult for people to understand and difficult for people to accept,” Williams said, “but it’ll be to our long-term benefit.”
Meanwhile, the share of Americans who haven’t retired and are confident in their retirement prospects fell to 67% from 74% the prior year.
She said she takes solace in the fact that Trump is surrounded by a cabinet full of handpicked experts whose advice she thinks could help avoid further losses.
So much cognitive dissonance for most of them, very very few of them will ever admit any mistake of theirs or his. They’ll just sort of tap dance around the failings
They’re in so deep that they’ll take any life buoy that their feed/infowars/fox news throws. Its like an automatic reaction they’re conditioned for.
The least shocking thing in this article is retirees in denial. Mental gymnastics is their full-time job; not like they’ve got anything else to do.
I honestly think the vast majority of them don’t think any mistakes have been made. They don’t know how fucking awful his cabinet is, etc.