So… what’s currently happening and has always happened? The current average social security payment is $1800. Which isn’t even enough for rent and bills in most places. There are a lot of old people that worked blue collar or service jobs, payed taxes their whole life, saved what they were told and could. But they retired at 65 and planned on dying at 75, the average life span. Now they’re 80.
In 60 years all you dumb fucks are gonna be old and broke as fuck and demanding the next generations pay for your stupid asses through higher taxes.
Save your fucking money. The world might not end.
So… what’s currently happening and has always happened? The current average social security payment is $1800. Which isn’t even enough for rent and bills in most places. There are a lot of old people that worked blue collar or service jobs, payed taxes their whole life, saved what they were told and could. But they retired at 65 and planned on dying at 75, the average life span. Now they’re 80.
So here’s the thing- social security shouldn’t be your only source of income. That’s what savings are for. That’s what investments are for.
I’m not saying it’s great or I agree with it, but saving for retirement is something that should be a priority from the beginning
Exactly. Boomers spent all their money in the 80s and are now broke and surprisingly not dead yet. They should have saved more.