As maddening as this is, I can’t say I blame them. Being poor in America is designed to suck. Then again, they’re the generation that helped make it that way, so…
this post was submitted on 07 Jun 2026
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Well you know when they're the ones that design the system. And they're the ones that purposely made being poor a crime and anything but desirable. Of course they're going to fear the system that they created.
The headline alone is bullshit. They can annuitize their savings if they want to, but they don't. Great, the whole article is pointless. Classic Fortune writing.
But I do think guaranteed pensions need to come back, and that right soon.
My wife's grandmother was expecting to die at age 90. So she burned through most of her retirement money. Now she only has 10% of it and she's 92 years old. She downgraded her living space a few times already.
I'm a bit terrified about what the future brings for her when she's still alive and she runs out of money fully.
If only they had voted for the candidates who wanted a strong social safety net, rather than the ones that wanted to fuck everyone who isn't part of the 0.1%, maybe they wouldn't have to worry now...
bernie was who we needed - instead we got trump ala hillary
That sounds like socialism, which is the same as communism, since they don't understand that either. All they know is that they lived through the Red Scare, and grew up thinking evil Soviet Communists were going to nuke the world...
And the idea of a safety net has been around for a long time, in various forms, yet somehow helping everyone has always been a bad thing to do.
Because somehow enough people were convinced anything that wasn't democracy was communism but also that capitalist fascism is actually democracy
👆
My dad lost all his assets to cancer bills, as did my father in law, and my husband's family lost the house built by their grandfather due to having to settle the nursing home debt after my mother in law died.
I do not expect any inheritance from my mom, since I want her to use it all to take care of herself.
We really really need a single payer healthcare system. Those last dozen years of a person's life are where the medical industrial complex makes obscene bank.
I can not begin to explain the level of my contempt for networks like FoxNews..
It confounds me that my father can be such a bigot and against social reform after being left destitute after my step mom passed following seven years of cancer treatment before passing way. I think he wants everyone else to suffer like he does instead of wanting there to be less suffering. I used to be really close to him but I refuse to have a relationship with him anymore.
It's not an age thing, it's a class thing. This is just a psyop to direct anger away from the Epstein class.
No war, but class war.
Absolutely. Note that the only boomers who are able to hoard money are the ones who have it to hoard.
Jesus what a horrible generation. The greatest generation gave birth to the absolute worst generation.
Can't they just calculate annual costs times yearly inflation against life expectancy... And add an emergency fund and some luxury options then boom. They'd know where they're at rather than worrying.
Can't they just calculate annual costs times yearly inflation against life expectancy...
The article explains that both these things have changed quite a bit since they started planning for their retirement.
Meanwhile everyone else outlives their money every couple weeks.
More for us when they die
Now, now. There's a handful of millennials waiting to hoard it after they die. This is how the trickle-down works, people, let it trickle.
I’m sure it will trickle down eventually.
It is trickling down. Everyone is just looking at the pyramid upside down.
Pee and blood both flow downhill. Not sure about assets.
If they're not hoarding it, they're pissing it all away on their healthcare anyway as go on to eventually start fucking dying as old people tend to do.
I wish most of them would die already so I could piss on their graves.