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

  • @AdolfSchmitler
    3•9 months ago

    Back when pensions were still a thing it was totally viable

    • @stoly
      2•9 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.