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re: Excluding home equity, the median 40-44 year old has a net worth of just $58,000

Posted on 1/8/24 at 6:26 pm to
Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
55416 posts
Posted on 1/8/24 at 6:26 pm to
quote:

Even scarier for these people is that social security might not exist in 20 years when they hit retirement age.


There will be something, whether it be a new program or a revolution.

Unfortunately, we don't let people fail anymore so there's little incentive for making responsible decisions.
Posted by thefodgather
Member since Jan 2024
108 posts
Posted on 1/8/24 at 6:38 pm to
quote:

There will be something, whether it be a new program or a revolution.


People have been saying there will be a revolution any day since 2007.
Posted by duckblind56
South of Ellick
Member since Sep 2023
1567 posts
Posted on 1/8/24 at 8:37 pm to
quote:

Unfortunately, we don't let people fail anymore so there's little incentive for making responsible decisions.


Totally agree with this and I have a child (step son) that CHOSE to go to college for half his life and is pissed that his student loan debt may not be written off by big gov.

Did my best to raise him right but ...........
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