‘Broke Generation:’ 64% of Gen Xers have stopped saving for retirement.
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Date: May 10th, 2024 10:26 PM Author: deranged mood
Bookish_Jen
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1y ago
Years, ago it seemed Gen X was too young, and we had to pay our dues. Now we're older, have paid our dues, but we're seen as out of touch and like we can't keep up. It's maddening.
u/mommacat94 avatar
mommacat94
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1y ago
I was told I was too young to get promoted, only to see 22 year olds get promoted when I was in my 30's, and now I was suddenly too old.
(http://www.autoadmit.com/thread.php?thread_id=5527330&forum_id=2#47652313) |
Date: May 10th, 2024 10:43 PM Author: beady-eyed locus
Boomers robbed all subsequent generations.
but at least for millennials they have the expectation of getting inheritance from boomers. Gen X not so much. that said, Gen X was a small generation and thus had one of the easiest job markets imaginable.
(http://www.autoadmit.com/thread.php?thread_id=5527330&forum_id=2#47652344) |
Date: May 11th, 2024 2:40 AM Author: 180 magenta dragon
EmperorXerro
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1y ago
There really is going to have to be another New Deal. Gen X, Millennials, etc. aren’t going to be able to afford to retire. Raising the retirement age isn’t going to help either.
(http://www.autoadmit.com/thread.php?thread_id=5527330&forum_id=2#47652751)
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Date: May 11th, 2024 2:57 AM Author: Marvelous cowardly black woman
Jesus.
When my father had to go to a subacute care facility after his stroke, I learned about how that system works. You either spend thousands per month until you're destitute and qualify for medicaid, or you're already destitute and cross your fingers that you can find a facility that will take you and treat you decently.
I told my sister that if I get to a point where I can't care for myself independently, I'm going to run a hose from my car exhaust to the window and just go to sleep. That, or stockpile meds to do the trick.
I have some savings, but it wouldn't be enough for long term care, and the cost of a LTC policy is out of reach. So my options are: stay healthy and independent (plan A), cross my fingers that medicaid is still around and I can get into a decent facility, or euthanasia. Not sure which is plan B.
(http://www.autoadmit.com/thread.php?thread_id=5527330&forum_id=2#47652778) |
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