Does Gen X only have 10% of retirement savings?

[IVE GOTTA PACKAGE 4U]

I try to talk to different people but they are “doing them”…. One guy takes trips or dines loves interests and keeps getting shot down. But people are grown.

Yolo

 

[Over70irregs]

Yolo

I agree. Sign me up for a new credit card.

 

[rickyb]

Buy it now because it's not going to get any cheaper

it wont drop 40% like so many countries did in 2008?

 

[newfie]

I have lots of bonds

hopefully with rich friends

 

[IVE GOTTA PACKAGE 4U]

it wont drop 40% like so many countries did in 2008?

You never know

 

[bottomups]

IF you can afford it no problem---trouble is now newly weds think they HAVE to have ALL the goodies right away ----on top of their student loans. They also think someone else is going to pay off their debts.

Someone else is paying for your Teamster pension.

 

[rod]

Someone else is paying for your Teamster pension.

Not yet---I believe we were ok until like the middle of 2026. It's about time I got one perk in my life.

 

[Over70irregs]

Someone else is paying for your Teamster pension.

Told an Amazon guy to join our team yesterday. Yes it was a future pension move. I used to carry a fat check stub in wallet to hit them with.

 

[IVE GOTTA PACKAGE 4U]

https://moneywise.com/managing-money/retirement-planning/americans-contributing-6-percent-paycheck-401k

 

[Thebrownblob]

https://moneywise.com/managing-money/retirement-planning/americans-contributing-6-percent-paycheck-401k

6%?

 

[IVE GOTTA PACKAGE 4U]

6%?

View attachment 493266

We have a lot of drivers contributed a lot less than that

 

[Over70irregs]

6%?

View attachment 493266

They short….

 

[rod]

I don't feel the least bit sorry for anyone who fails to save for their retirement. Screw em---let em starve.

 

[bottomups]

I don't feel the least bit sorry for anyone who fails to save for their retirement. Screw em---let em starve.

The taxpayers will bail them out just like they did for your pension.

 

[Over70irregs]

I don't feel the least bit sorry for anyone who fails to save for their retirement. Screw em---let em starve.

Now what???

https://www.npr.org/2024/07/19/nx-s1-5035263/basic-income-cash-aid-ai-sam-altman-silicon-valley-jobs

 

[Over70irregs]

The taxpayers will bail them out just like they did for your pension.

No one told him….. It’s called debt spiral . We/You (pronouns) are it.