Senator Bernie Sanders Report Warns Nearly Half of Older Americans 'Have No Retirement Savings'
https://lemmy.world/post/12576975

Senator Bernie Sanders Report Warns Nearly Half of Older Americans 'Have No Retirement Savings' - Lemmy.World
I put money into my 401k for decades only to find out I had enough to cover two months of rent. Shits fucked.
Were you putting in a nickel per paycheck? The market has killed it over the last 30 years, even with a relatively low contribution, if you contributed consistently for 30 years you should have way more than that
You go tell my 401k account that.
You were certainly putting in minimums. You should be aiming for 10%-15%.
how the fuck do you set aside 15% of your paycheck to invest in something you won’t see for another third of a century? you mansa musa or something?
I am so confused here–this is what you do to prepare for the future. I guess you could blow it on women or something.
no i mean who HAS 15% of their paycheck available to spend
I think you just figured out why we’re doomed. Don’t assume I have spent my life doing this, I’ve tried to stay out of poverty for most of it. Now that I can, I do. Those who have good pay right after college spend their lives paying in.