Retiring at 51 with only 3x minimum wage/SS and a fully paid off $500,000 house, savings, no restrictions on moving someplace cheap or doing work from home for benefits and spending money.

https://lemmy.world/post/8026358

Retiring at 51 with only 3x minimum wage/SS and a fully paid off $500,000 house, savings, no restrictions on moving someplace cheap or doing work from home for benefits and spending money. - Lemmy.World

They’ll obviously die of poverty the first week. Anyone else want to suffer this badly? /s

3x? Must not be Wisconsin. Max unemployment here is $370 a week, making 5k 13.5x unemployment.
$1000/week in Washington state. Was nice for 6 months not having to worry. Too bad it took 13 months for me to get a job.
Wisconsin is literally the worst state when it comes to unemployment. Id be dropping from near $7k a month to $1.5k. Without savings I’d be homeless in a matter of months.
Alabama at $275 for 14 weeks seems to be the low mark. Great safety net guys!

I don’t understand two things honestly. The first is why can’t they federalize unemployment, and the second is why isn’t it paid out at a set percentage of your average income over x number of years.

It’s crazy to me that someone who has paid into the system at a higher rate doesn’t have the same level of protection, percentage wise, as someone who has paid in less.

It would be very different if people had a set cost of living, but that just isn’t the case. 275 can be an amount you can live on, however uncomfortably, until you find a job, or it can be… homelessness in a matter of months.

Crazy town.