Soaring costs of food and housing forcing many to still rely on parents to cover expenses, as they risk retirement security

Soaring costs of food and housing forcing many to still rely on parents to cover expenses, as they risk retirement security

Archived version: https://archive.ph/ZPt30

    • Sabata11792
      23•8 months ago

      They been saying “I’ll work till the day I die” since I was born… Nothing changed.

        • sincle354
          11•8 months ago

          You have to basically reinsert the meager winnings of your “value” after it was extracted from you, back into the infinite money machine where there is new money but not really much else. It will be used to fund a moderately successful water cartel, Tech-Bubbles-R-Us, Misery Devices and Ammunitions, and the national entities maintaining Da Rules-based economy (subject to modification). You will not be made aware of this as you invest into a NASCAR soundalike that goes up because yes and goes down because fuck you. Only then are you able to retire on the knife’s edge of medical poverty.

          • @[email protected]
            3•8 months ago

            Only then are you able to retire on the knife’s edge of medical poverty.

            And you could get hit by a car long before that.

        • @stoly
          6•8 months ago

          I feel like it was a real thing until the mid 80s.

          • @AdolfSchmitler
            3•8 months ago

            Back when pensions were still a thing it was totally viable

            • @stoly
              2•8 months ago

              That lines up, it’s when the poorly-run businesses all went bankrupt and the pro business judges let them wipe them away during bankruptcy proceedings.

              Sadly, I really believe that a lot of Boomers grew up thinking that this was in their future and didn’t recognize what was happening when they went away nor adjust to creating their own retirement in response. Younger Gen X and onward certainly saw what was happening, whether they have the ability to do anything about it or not.

    • NeatoEnglish
      5•8 months ago

      One of mine medically retired from Army decades ago after falling when bouldering. The other has worked at the same company for like 40 years and somehow got a remote gig before that was a thing in pandemic and about to retire. They’re luckier than most.