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re: 42% of Americans are at risk of retiring broke

Posted on 3/6/18 at 8:07 pm to
Posted by anc
Member since Nov 2012
18519 posts
Posted on 3/6/18 at 8:07 pm to
quote:

These articles are getting more frequent. One thing I never understand is why would they retire if they are broke? Wouldn’t they just keep working?

If the alternative is you lose your home, you need to keep working, right? You don’t just still retire because you are at retirement age.


A professor colleague of mine - him and I make up 2/3 of the conservatives at my school - opined that the crisis of the Baby Boomers not having the resources to retire + the Millennials not having the skillset needed due to extended adolescence will be what brings about socialism in the USA.

Pointed to Bernie and said Bernie is just the beginning. It won't be him. It will be much worse.
Posted by OU812
Greensboro, NC
Member since Apr 2004
12743 posts
Posted on 3/6/18 at 9:02 pm to
quote:

A professor colleague of mine - him and I make up 2/3 of the conservatives at my school - opined that the crisis of the Baby Boomers not having the resources to retire + the Millennials not having the skillset needed due to extended adolescence will be what brings about socialism in the USA.


Us Gen Xers will keep it going for a couple of more decades, but after we are done?
Posted by crazycubes
Member since Jan 2016
5256 posts
Posted on 3/6/18 at 10:50 pm to
quote:

Pointed to Bernie and said Bernie is just the beginning. It won't be him. It will be much worse
thank god for the 2nd amendment
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