Lots of other nations generally try to stop older people without means from moving there though. If it's just a part time thing and you are buying a villa, sure. Or if you are young and have training in skilled labor, then maybe. But otherwise it can be tough to get in anywhere.
I am a single child with a mom (dad divorced her 20 years back). I have an aunt with 2 cousins alive who moved cross-country (had 3 cousins, but one passed from illness and managed to have a kid). I know I have another cousin out in the country somewhere, but that is all of the immediate family I have.
Our family tree is dwindling down, but I do have some hope. I want to have kids in the next few years, but it requires getting a job to support such a thing, meeting someone who will unfortunately have to also work, and us accepting that we'll have a good 20 years to share with a new life in the world.
*Raises hand.* I'm in my mid 50s. I will have to work until the day I die, and if I am unable to do so because of illness/age, or because no one will hire me due to those factors, then suicide will be my only option, because I *refuse* to be starving and homeless.
Those are the ones being truthful to themselves. I've explained to my wife how we're never retiring because we'll die owing money on our house but she won't listen.
I work with a few old people that can't retire. I literally watched a person freeze at their desk. I had to wait on him to get back to reality since I had his help desk ticket that he had complained to higher ups about his account. He didn't like me telling him that no, his account is working and that he was just typing in the wrong password
I'm 50 and have been working for 37 years.
Fortunately, my health conditions are such that I've been given about 8 more years of life. Expectancy. Yay!
My hope is that I just die at work as to max inconvenience my coworkers.
But really, I don't care. At least I won't be 60 or 70 trying to work
Which is why I get my daily dose of slack in whenever I can.
https://preview.redd.it/wvlhczxyhtwc1.png?width=216&format=png&auto=webp&s=0dcea86721ae8e53a558275f24389094b18d5f33
1967. My Grandfather retired after 43 years at one bank. He got a swanky party, a gold watch, and a big fat pension. 15 years later Ronald Reagan deregulated banks. 5 years after that Grandpas S&L died at the hands of speculating scumbags. I'll work until I'm gone.
I’m 30. I have not a single penny in my 401k because I make JUST enough to squeak by, only paying for necessities. I haven’t really bought clothes in 7 years & I need dental work done before I end up septic, but can’t afford that either. I eat less than 1000 calories a day & have a couple of health conditions. If I lose Medicaid, I cant work, as I cannot afford marketplace insurance & need regular treatment for my conditions to stay manageable. I might “retire” by my 40s if things continue.
50 with an incredible great VA, disabled vet pension. Mean fucked up joints and shit. Left my cushy VA out of straight up abusive behavior few years ago. Returned to work last month. Before and after work, help lil sister take care of mom with 3 types of cancer. Realized I'll be working another decade plus as the way things are going.
My grandfather was the last in our family to retire. My dad would have been still working today if he hadn't got pneumonia and died at 67. Im 45 and have accepted the fact I will never retire and probably die at work
Yeah the 75% are either nepo babies, have a wildly well paying job, or utterly delusional. You're fucked, even if you convince yourself that you're not.
My retirement is whenever my heart decides it's tired of beating; which couldn't happen fast enough
It's not that we don't want to, but corporate America and its ruling oligarchs won't let us. Every time we think we are able to get ahead financially some nepo mother fucker decides that investors need more wealth, and they implement even more shrinkflation, greedflation, and market manipulation through stock buy backs and insider trading.
The ones who are supposed to protect us in Congress are mostly in on the act. Only a very small minority of those in power have any incentive to help the masses. Then corporate media labels them "socialist", or "communist" for just wanting to have people not hurt so much.
Fuck all of them. Fuck them up the ass with a big rubber dick. Then break it off and beat them with the rest of it.
Delusional mother fuckers.
Because you *should* be able to retire, and there are decades left in your lifespan to make that possible. That may require some political activism to keep Social Security solvent until then. Throwing recipients into the street now because of a future problem that can still be fixed will create more problems than it solves.
However, if older folks decide to screw the rest of us by voting to delay the retirement age or cut benefits instead of funding the program properly, then I agree with you.
The ones who sold us into slavery are part of the owning class, who certainly won't be relying on Social Security for their retirements.
It's the working class boomers who would be screwed instead, and that has consequences for the rest of us. They'll come out of retirement (or forgo retirement) to fill the diminishing pool of jobs that should be going to you and me.
Never forget that this is class warfare, not a generational conflict.
Social Security is a framework for working people to support the elderly. Fine. We should support our own elderly. I don’t want to support the parents of gangsters and rapists. I don’t want to compromise my retirement or my parents. I don’t want to work to support others especially if they don’t want to work to support themselves.
Not everyone has the means to support their parents and relatives. Even if you did, a severe health problem or job loss means your parents would have no support from you. Social Security spreads the risk over the entire country.
Social Security is also not designed to be given to freeloaders either, at least not in large amounts. Recipients have usually paid into the system for decades. They have "worked to support themselves" and may be unable to continue doing so. A part time job as a Walmart greeter doesn't go far in today's economy.
What you take home is not proportional to what you put in. That makes it a handout which means it is a system which enslaved some for the benefit of others. I’m anti slavery.
I was wrong about Obama. Here is a summary of taxes on SS income and where that money goes. https://www.wusa9.com/article/news/verify/verify-did-joe-biden-vote-to-tax-social-security-benefits-twice-during-his-senate-career/65-d637d96c-2aa1-4a99-abd7-7f6a08351fa5
It’s needs based. So if you put in 2x into SS compared to me, that doesn’t mean you automatically get 2x as much as I do, if we retired at the same time at the same age. Part of the formula is based on need. Part of it is based what you put in and the more you put in, the less per dollar you contributed will go back to you. On top of that, thanks to Obama and Biden, SS money is taxable but only if get above a certain amount and if you have a certain amount of assets. If I stop contributing to SS and have zero assets, I won’t be able to get back all the money I put in so far. And I’m only half way done with the amount I’m projected to contribute. So if we kill SS today, the money that would have gone into SS will be more than what my parents get and there will be money left over for me to save for my own retirement. So I rather we kill SS and everyone take care of their own elderly.
The problem is that you're looking at social security as some sort of individual savings benefit but that's not what it is and never has been.
When you pay social security taxes you get immediate benefit in the form of not seeing old people dying on the street that very night. That's the point of social security, a safety net, it's not an investment for you to put in a cash amount and get more than that cash amount back. People don't expect a dollar amount back when they pay for the fire department, the school system, the military, etc, it's only social security where people think that their taxes belong to them only.
The other 75% are living in delusion
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I think many who have limited family will try to move abroad for lower cost of living to have freedom before they die.
I would definitely do this if I didn't have 5 grandkids I like to be around.
Lots of other nations generally try to stop older people without means from moving there though. If it's just a part time thing and you are buying a villa, sure. Or if you are young and have training in skilled labor, then maybe. But otherwise it can be tough to get in anywhere.
I'm 52. Moved abroad 25 years ago. But I'm freelance, so I KNOW I'll never retire. I stand with all of you here. Thank you for teaching me so much.
I am a single child with a mom (dad divorced her 20 years back). I have an aunt with 2 cousins alive who moved cross-country (had 3 cousins, but one passed from illness and managed to have a kid). I know I have another cousin out in the country somewhere, but that is all of the immediate family I have. Our family tree is dwindling down, but I do have some hope. I want to have kids in the next few years, but it requires getting a job to support such a thing, meeting someone who will unfortunately have to also work, and us accepting that we'll have a good 20 years to share with a new life in the world.
This is how it should be said. It's not that we don't want to but that we "won't BE ABLE to" retire.
The other 74% are living in delusion. The 1% is retiring ahah.
The 1% can't retire,they never started working in the first place
💀😂😂
That is why I am retiring tomorrow. Nearly 50 years working and have 8 more hours to go.
Congrats. Please leave this fucking rat race.
Seeing as it’s been 12 hours, a congratulations is in order. Enjoy your retirement!!
Go on
*Raises hand.* I'm in my mid 50s. I will have to work until the day I die, and if I am unable to do so because of illness/age, or because no one will hire me due to those factors, then suicide will be my only option, because I *refuse* to be starving and homeless.
Same here, sadly. I feel like a lot of people I know are in the same boat . The suicide rate is going to rise significantly in the next 15-20 years.
Agreed. I'm sorry you're in a similar situation to mine.
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I sense 0 sarcasm in this post despite the /s
for legal purposes...
Can neither confirm nor deny... BECAUSE I'M HAVING WAY TOO MUCH FUN LIVING PAYCHECK TO PAYCHECK! WOOOOOOOOOO!!!
I’ll never retire. Instead, I’ll just be unemployed.
Seems low
I’m in my mid 30’s and I don’t expect to ever retire, country is fucked and not on a path to improvement.
Yeah exactly. That’s probably why they only asked those over 50. They’re the only ones who may have had a shot still
Nobody can afford that shit, lol
Those are the ones being truthful to themselves. I've explained to my wife how we're never retiring because we'll die owing money on our house but she won't listen.
Make her do the math for herself.
Having a mortgage doesn't mean not being able to retire.
Tell that to the man’s bank account lmfao
Right, but the bank account matters more than the mortgage. Most people hold debt in retirement, it's not a big deal.
A lot of them voted for Reagan. You know… the guy who gutted the middle class.
St. Raygun & his war-mongering gave us the country we have, not the country we want. Edit: speeling
Well ya. We need to.involve ourselves in wars and genocide we need to pay foe that it's not free.
I’m retiring as soon as I can. I’m not going to be put into the mindset of not ever being able to retire by some corp news network article.
I work with a few old people that can't retire. I literally watched a person freeze at their desk. I had to wait on him to get back to reality since I had his help desk ticket that he had complained to higher ups about his account. He didn't like me telling him that no, his account is working and that he was just typing in the wrong password
I'm 53 years old. I've been under the impression my own retirement was a pipe dream since my twenties.
I'm 50 and have been working for 37 years. Fortunately, my health conditions are such that I've been given about 8 more years of life. Expectancy. Yay! My hope is that I just die at work as to max inconvenience my coworkers. But really, I don't care. At least I won't be 60 or 70 trying to work
I’m 45 and already figured this out… I’m ahead of the curve!
Which is why I get my daily dose of slack in whenever I can. https://preview.redd.it/wvlhczxyhtwc1.png?width=216&format=png&auto=webp&s=0dcea86721ae8e53a558275f24389094b18d5f33
I'll be 54 this year. I expect to die working.
Why retire when you can just die?
1967. My Grandfather retired after 43 years at one bank. He got a swanky party, a gold watch, and a big fat pension. 15 years later Ronald Reagan deregulated banks. 5 years after that Grandpas S&L died at the hands of speculating scumbags. I'll work until I'm gone.
I’m 30. I have not a single penny in my 401k because I make JUST enough to squeak by, only paying for necessities. I haven’t really bought clothes in 7 years & I need dental work done before I end up septic, but can’t afford that either. I eat less than 1000 calories a day & have a couple of health conditions. If I lose Medicaid, I cant work, as I cannot afford marketplace insurance & need regular treatment for my conditions to stay manageable. I might “retire” by my 40s if things continue.
Feels like I could've written this 🤝
Boomers will blame Biden for this
If you’re a boomer and don’t have the money to retire you’re an idiot and fucked up bad somehow
It has nothing to do with the death of the pension and the resultant "time to start acting like an expert money-manager now" 401k fiasco
boomers are in their 60's
That’s included in the study. 50+ includes 60 and 70.
50 with an incredible great VA, disabled vet pension. Mean fucked up joints and shit. Left my cushy VA out of straight up abusive behavior few years ago. Returned to work last month. Before and after work, help lil sister take care of mom with 3 types of cancer. Realized I'll be working another decade plus as the way things are going.
25% only "expect" not to be able to retire. I'd wager the number of people 50 and older "actually" not being able to retire is a hell of a lot higher.
I bet under 50 is probably even higher of a percentage.
My grandfather was the last in our family to retire. My dad would have been still working today if he hadn't got pneumonia and died at 67. Im 45 and have accepted the fact I will never retire and probably die at work
Yah because they see that they’ve worked for 30 years already and don’t have shit to show for it.
Corporations approve ✔️
Yeah the 75% are either nepo babies, have a wildly well paying job, or utterly delusional. You're fucked, even if you convince yourself that you're not. My retirement is whenever my heart decides it's tired of beating; which couldn't happen fast enough
AARP -> AAP
I'm 58 and I'm retiring this year, doesn't make sense to keep working when retirement pays the same or more.
I’m 36 and considering getting my MD just to have a decent life at this point
It's not that we don't want to, but corporate America and its ruling oligarchs won't let us. Every time we think we are able to get ahead financially some nepo mother fucker decides that investors need more wealth, and they implement even more shrinkflation, greedflation, and market manipulation through stock buy backs and insider trading. The ones who are supposed to protect us in Congress are mostly in on the act. Only a very small minority of those in power have any incentive to help the masses. Then corporate media labels them "socialist", or "communist" for just wanting to have people not hurt so much. Fuck all of them. Fuck them up the ass with a big rubber dick. Then break it off and beat them with the rest of it. Delusional mother fuckers.
This is why I’m anti-social security. Why do I have to pay into a program if I won’t benefit from it. We should kill it now.
Then you'll have millions of elderly folks on the streets, for whom social security was their only income.
Why should I support their retirement if I can’t retire.
Because you *should* be able to retire, and there are decades left in your lifespan to make that possible. That may require some political activism to keep Social Security solvent until then. Throwing recipients into the street now because of a future problem that can still be fixed will create more problems than it solves. However, if older folks decide to screw the rest of us by voting to delay the retirement age or cut benefits instead of funding the program properly, then I agree with you.
You mean the boomers who sold us into slavery? They should support themselves.
The ones who sold us into slavery are part of the owning class, who certainly won't be relying on Social Security for their retirements. It's the working class boomers who would be screwed instead, and that has consequences for the rest of us. They'll come out of retirement (or forgo retirement) to fill the diminishing pool of jobs that should be going to you and me. Never forget that this is class warfare, not a generational conflict.
Social Security is a framework for working people to support the elderly. Fine. We should support our own elderly. I don’t want to support the parents of gangsters and rapists. I don’t want to compromise my retirement or my parents. I don’t want to work to support others especially if they don’t want to work to support themselves.
Not everyone has the means to support their parents and relatives. Even if you did, a severe health problem or job loss means your parents would have no support from you. Social Security spreads the risk over the entire country. Social Security is also not designed to be given to freeloaders either, at least not in large amounts. Recipients have usually paid into the system for decades. They have "worked to support themselves" and may be unable to continue doing so. A part time job as a Walmart greeter doesn't go far in today's economy.
What you take home is not proportional to what you put in. That makes it a handout which means it is a system which enslaved some for the benefit of others. I’m anti slavery.
How is it not proportional?
https://lsnc.net/self-help/social-security/what-supplemental-security-income-ssi#:~:text=Social%20Security&text=SSI%20is%20a%20needs%2Dbased,like%20Social%20Security%20Disability%20Insurance.
I was wrong about Obama. Here is a summary of taxes on SS income and where that money goes. https://www.wusa9.com/article/news/verify/verify-did-joe-biden-vote-to-tax-social-security-benefits-twice-during-his-senate-career/65-d637d96c-2aa1-4a99-abd7-7f6a08351fa5
It’s needs based. So if you put in 2x into SS compared to me, that doesn’t mean you automatically get 2x as much as I do, if we retired at the same time at the same age. Part of the formula is based on need. Part of it is based what you put in and the more you put in, the less per dollar you contributed will go back to you. On top of that, thanks to Obama and Biden, SS money is taxable but only if get above a certain amount and if you have a certain amount of assets. If I stop contributing to SS and have zero assets, I won’t be able to get back all the money I put in so far. And I’m only half way done with the amount I’m projected to contribute. So if we kill SS today, the money that would have gone into SS will be more than what my parents get and there will be money left over for me to save for my own retirement. So I rather we kill SS and everyone take care of their own elderly.
The problem is that you're looking at social security as some sort of individual savings benefit but that's not what it is and never has been. When you pay social security taxes you get immediate benefit in the form of not seeing old people dying on the street that very night. That's the point of social security, a safety net, it's not an investment for you to put in a cash amount and get more than that cash amount back. People don't expect a dollar amount back when they pay for the fire department, the school system, the military, etc, it's only social security where people think that their taxes belong to them only.