• FartsWithAnAccent@lemmy.world
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    1 year ago

    Retirement?

    Good joke, tell me another: My generation is fucked and will be increasingly fucked in the future because of greedy assholes who got theirs then pulled up the ladder.

    • Locuralacura@lemm.ee
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      1 year ago

      My retirement plan is to die in the climate/water wars or famine or disease. If not then I’ll be working till I die. Both are suboptimal choices.

      My boomer parents try to help me feel better by reminding me of a social security that will not exist, pension funds that will not exist, and social stability that will not exist. Yay. Thanks.

      • TheDubz87@lemmy.world
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        1 year ago

        “Best I’ll be able to do is work a half day on the day of my funeral”

        And even then, the mandatory overtime is gonna make me late to my own damn funeral.

  • jordanlund@lemmy.world
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    1 year ago

    As a Gen X-er, I’ve never been under the illusion that I could ever retire. Simply will not happen.

    • frunch@lemmy.world
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      1 year ago

      Agreed. Articles like this only reinforce what I’ve been thinking and saying all along. The article doesn’t even take the position that it’s a bad thing or that there’s anything really wrong with it. They allude at some point to insufficient funds as one of several reasons people “choose” to continue work. Sure, some people are workaholics and some people don’t know what to do with themselves outside of work. The article seems to celebrate old people working later into their lives, without really considering that it’s not really a choice for many.

      • TechyDad@lemmy.world
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        1 year ago

        During a retirement program conference at my company, the HR spokesperson said that the recommendation is that people put 15% of their income into retirement savings. Who can afford to do that? If I put 15% of my income into retirement, maybe, I’d be able to retire, but I’d be in so much debt when I got there that I wouldn’t be able to enjoy retirement.

    • TechyDad@lemmy.world
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      1 year ago

      I was naive and thought I’d be able to retire. My father was forced to retire without enough saved up. (He was fired so close to retirement age that nobody would hire him for a few years and he put too much of his retirement savings in the stock market thinking he’d make a fortune.)

      I promised myself that I wouldn’t end up in his position, but my living expenses were too high so I couldn’t put much away for retirement. I figured I’d put more away later. Then later. Then later still.

      Now, I’m 48 and don’t have nearly enough put away. An HR person for my company said, during a presentation, that the recommendation is for people to put 15% of their income into retirement. Who can afford to not have 15% of their income?!!! Definitely not me. And at this point, I’d need to put about 30% of my income into retirement to be ready.

      At this point, my retirement plan is to work until I’m 75 or 80. Then, maybe, I’ll be able to retire for a few years.

  • Additional_Prune@lemmy.world
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    1 year ago

    Republican retirement plan: work until you drop. Republican healthcare plan: just die already Republican education plan: You’ll be paying off those student loans until you die, and by the way, you’ve been downsized. Try applying at an Amazon warehouse or a WalMart.