• givesomefucks@lemmy.world
    link
    fedilink
    English
    arrow-up
    51
    arrow-down
    2
    ·
    6 months ago

    90 years old and 233k is a “chance” at retirement…

    We can’t keep ignoring this shit, it needs fixed and not just by donation websites.

    • nickwitha_k (he/him)@lemmy.sdf.org
      link
      fedilink
      English
      arrow-up
      8
      ·
      edit-2
      5 months ago

      Yup. This is a direct consequence of the removal of pensions and wage suppression. Without meaningful change, even those with healthy 401k savings are likely to have trouble retiring.

    • AwkwardLookMonkeyPuppet@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      6 months ago

      That’s far more than he’d need to retire unless he just bought a $600,000 house or something, and even then it’s probably enough. He can retire now. Woohoo!