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65% of Americans have little or nothing saved for retirement (link)
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Date: March 16th, 2018 11:19 AM Author: beady-eyed mustard newt property https://www.cnbc.com/2018/03/15/bankrate-65-percent-of-americans-save-little-or-nothing.html
The boomers will quickly boom through their meager retirement savings. They will then leech younger generations (even more) through higher income taxes or taxes on our retirement savings.
XO Poll: how are your parents doing with retirement savings? |
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Date: March 16th, 2018 11:23 AM Author: topaz gaming laptop crotch for most of these studies, they use erroneous processes such as polling 1,000 people who live in ghettos.
according to other studies, the average millennial has $100,000 in savings. |
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Date: March 16th, 2018 11:24 AM Author: aphrodisiac ape there is no fucking way the avg milennnial has that much saved (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619021) |
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Date: March 17th, 2018 9:44 AM Author: onyx bisexual garrison round eye (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35625229) |
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Date: March 16th, 2018 11:25 AM Author: beady-eyed mustard newt property More concerned with Boomers, but ljl @ the average millenial having that much saved. (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619025) |
Date: March 16th, 2018 11:19 AM Author: ruddy pungent pisswyrm my mom retired 2 years ago with only a $2000 CD to her name. not flame (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35618986) |
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Date: March 16th, 2018 11:21 AM Author: beady-eyed mustard newt property Wtf does she live on?
Own home? Pension? |
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Date: March 16th, 2018 11:21 AM Author: ruddy pungent pisswyrm SS
she only "owns" a car and she lives in my brother's house |
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Date: March 16th, 2018 11:24 AM Author: beady-eyed mustard newt property Good on your brother. (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619018) |
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Date: March 16th, 2018 11:25 AM Author: ruddy pungent pisswyrm yes, thank god for him. she would go crazy with my other brother, my sister doesnt have the means, and im overseas (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619030) |
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Date: March 16th, 2018 11:26 AM Author: beady-eyed mustard newt property Do you help contribute at all? (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619035) |
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Date: March 16th, 2018 12:18 PM Author: ruddy pungent pisswyrm not yet, man (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619329) |
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Date: March 16th, 2018 12:20 PM Author: lemon stubborn stain center My parents retired in their early 60s with only about $100,000 in savings.
But the combination of their pensions and early Social Security fully replaced their working income. |
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Date: March 16th, 2018 6:44 PM Author: Pale twisted set im calling not flame fucking boomers and their fucking pensions they grew up teaching our generation to leave a better world for future generations |
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Date: March 16th, 2018 11:23 AM Author: Sticky Chest-beating Community Account My parents collect SS and have about $650k in retirement accounts. They have a house worth about $850k which is fully paid off. They live pretty frugally and believe strongly in passing on wealth. I actually tell them to spend a little more to enjoy themselves. (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619013) |
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Date: March 16th, 2018 11:25 AM Author: beady-eyed mustard newt property Good for them, they are doing well. (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619028) |
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Date: March 16th, 2018 11:27 AM Author: irradiated queen of the night cuck Dear God tell them inheritance is flame and to live a little (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619039) |
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Date: March 16th, 2018 11:33 AM Author: chocolate school roast beef (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619089) |
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Date: March 16th, 2018 11:24 AM Author: chocolate school roast beef My parents own their own home and cars outright and SS covers their monthly bills. It's more than enough in are country. (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619023) |
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Date: March 16th, 2018 11:26 AM Author: beady-eyed mustard newt property Holy shit, is SS really enough if you have no other expenses than food? (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619031) |
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Date: March 16th, 2018 11:31 AM Author: ultramarine titillating stead generalized bond Ofcourse it is. If you haven't noticed XO is either retarded or flame (or both) about money. "Wah wahh... we make 450k HHI and can't afford a house" is utter garbage talk. Much of this country lives on 59K HHI and does just fine. (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619071) |
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Date: March 16th, 2018 11:31 AM Author: chocolate school roast beef I mean, basically? They do have other money that they can use if they feel like it, but their bills are basically non-existent. They've also had decades to accumulate all the shit they want, they're not interested in traveling, what else would they even spend money on at this point? (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619078) |
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Date: March 16th, 2018 11:33 AM Author: salmon sanctuary jewess impending crippling medical and longterm care bills (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619093) |
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Date: March 16th, 2018 12:26 PM Author: beady-eyed mustard newt property Ths is what I was thinking (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619381) |
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Date: March 17th, 2018 9:35 AM Author: pearl dysfunction locale Of course. SS is not a bad system at all because it's based off the incomes of current workers. XO may not LIKE that setup but it does, in fact, work for it what it is. (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35625186) |
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Date: March 17th, 2018 9:40 AM Author: beady-eyed mustard newt property I dont think XO is categorically opposed to SS, we take issue with the way that Boomers in Congress have managed it. (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35625205) |
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Date: March 16th, 2018 11:34 AM Author: transparent factory reset button my dad is dead and mom is impoverished/on welfare. both cr retirement outcomes. (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619096) |
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Date: March 16th, 2018 11:35 AM Author: claret school cafeteria dragon Just become a government employee (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619107) |
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Date: March 16th, 2018 12:21 PM Author: tantric rehab boiling water Dad died young with like 150k in retirement accounts, but could live adequately on social security.
Mom probably has 100k in retirement, 100k in equity and will inevitably be forced to move in with me.
They’ve scared me enough that I’ve been a big retirement saver. |
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Date: March 16th, 2018 12:38 PM Author: beady-eyed mustard newt property Nothing wrong with having retired parents move in with you. Its actually good for kids to have that generational perspective and is a good cost saving measure. (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619442) |
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Date: March 16th, 2018 1:06 PM Author: tantric rehab boiling water I agree and am good with it. Wife is on board too. But you gotta buy a bigger place. (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619573) |
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Date: March 16th, 2018 1:26 PM Author: beady-eyed mustard newt property Absolutely, but its much cheaper to have a larger house with an en suite than it is to have two homes. (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619691) |
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Date: March 17th, 2018 1:33 PM Author: cordovan public bath Agree. (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35626038) |
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Date: March 16th, 2018 12:41 PM Author: Turquoise marvelous toaster $2m, house almost paid off. They will most definitely boom through it before they die. (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619467) |
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Date: March 16th, 2018 1:27 PM Author: beady-eyed mustard newt property Nothing like a home equity loan for gratuitous booming. (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619698) |
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Date: March 16th, 2018 1:27 PM Author: Contagious Cruise Ship Windowlicker One of my parents copped a nice pension in a blue state lmfao. not 6 figs or anything but they should be fine (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35619702) |
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Date: March 16th, 2018 6:22 PM Author: Cream hospital philosopher-king Combined they have about 30k in retirement accounts. Not flame. Mom is retiring next year and will have a modest teacher pension. Dad will work until he dies. (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35621635) |
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Date: March 16th, 2018 6:24 PM Author: cracking sneaky criminal masturbator why save for retirement? people retire and then they die, no thanks (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35621644) |
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Date: March 17th, 2018 1:03 PM Author: lemon stubborn stain center Work is death by other means.
The issue is how much freedom you get. |
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Date: March 16th, 2018 6:56 PM Author: Honey-headed kitty cat cuckoldry I bet those parents who are doing well are older boomers and those who aren't are younger boomers. Born after 1955 -> lower standard of living. (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35621856) |
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Date: March 16th, 2018 6:57 PM Author: razzle-dazzle glassy candlestick maker There's only one true retirement and we all get to see it one day. (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35621867) |
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Date: March 16th, 2018 11:12 PM Author: beady-eyed mustard newt property tho dark (http://www.autoadmit.com/thread.php?thread_id=3920433&forum_id=2#35623481) |