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1. Embed this notice
   Sir Matt (greenzeta@noauthority.social)'s status on Wednesday, 01-May-2024 23:03:27 JST Sir Matt

   "A fifth of Americans 50 and up have no retirement savings"

   And my mother in law is one of them. But I'm not worried. Because she's going to "think of something."

   https://www.businessinsider.com/gen-x-baby-boomers-savings-cant-afford-retirement-2024-4

   • Embed this notice
     dictatordave (dictatordave@poa.st)'s status on Wednesday, 01-May-2024 23:03:26 JST dictatordave

     in reply to
     @greenzeta i'm happy about it, they'll die penniless like they deserve
     
     i'm sure their savior biden will help them tho
   • Embed this notice
     Blurry Moon (sun@shitposter.world)'s status on Wednesday, 01-May-2024 23:03:26 JST Blurry Moon

     in reply to

     • dictatordave
     @dictatordave @greenzeta social security out of general tax revenue
   • Embed this notice
     Blurry Moon (sun@shitposter.world)'s status on Wednesday, 01-May-2024 23:05:24 JST Blurry Moon

     in reply to
     @greenzeta when the motherfuckers that run this country create hyperinflation before I can cash out my investments, what's the difference between saving and not
   • Embed this notice
     Linux Walt (@lnxw37j1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw37j1@gnusocial.jp)'s status on Thursday, 02-May-2024 00:33:35 JST Linux Walt (@lnxw37j1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864}

     in reply to

     • Blurry Moon
     @sun I don't see the context, but SocSec will likely run out of funds relatively soon (by design; as population peaks and begins to decline there are fewer workers contributing; the fund's money has been spent as it came in).
     
     That's another reason I advocate the government raising taxes and paying for almost everything up front. For one thing, this will generate discussion about where funds get spent and make congressionals more sensitive to people's concerns. For another, the younger people are, the more likely they will get screwed by run-away spending.
     Sir Matt likes this.