this post was submitted on 20 Aug 2023
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[–] yogthos@lemmygrad.ml 13 points 1 year ago (1 children)

Average American has around 100k of debt, and over half the population can't afford an unexpected 1,000 expense. What that says is that people are barely making enough money to make ends meet, the chances of them saving enough resources to stop working are nil. Only a tiny percentage of the population is going to be retiring at all.

[–] ATQ@lemm.ee -5 points 1 year ago (1 children)
[–] yogthos@lemmygrad.ml 15 points 1 year ago (1 children)

Yes, the boomers got theirs, young people today don't have the same prospects. What part of that are you struggling with?