Baby boomers living on $1,000 a month in Social Security share their retirement experience: 'I never imagined being in this position.'
Baby boomers living on $1,000 a month in Social Security share their retirement experience: 'I never imagined being in this position.'
Retirees explain what it's like to live on Social Security checks and no savings.
“I always voted for the worst people on the ballot, and somehow my life isn’t great now.”
(I know this is widely generalizing, but still.)
I thought i was dead before it turns into my problem 🥲
You are widely generalizing. Boomers as a whole are not particularly more conservative than younger generations and lean liberal.
Hambrick had a long career in the manufacturing and hospitality industries but retired in the early 2010s with limited savings. Her husband has been caring for sick relatives for the past several years and doesn't have an income. Additionally, he's 57, and his Social Security check won't kick in until he's at least 62.
So they retired when he was 45ish, and now we're supposed to feel sorry for their poor choices? Out of all the bad stories in this article these two can go fuck themselves.
This is America. The guy could be broken from those jobs but can't qualify for assistance.
Maybe he's just lazy. Maybe you're not creative enough to come up with a plausible reason for his actions. Both seem equally likely to me.
I get what you’re saying, but retirement is a number in your bank account, not an age. Also, if you cannot work due to disability, you’re on disability, not retired. They are completely different animals. If they are disabled they need to push for disability. It’s not easy to get, but it’s better than wallowing in financial limbo.
If people literally retire with insufficient finances it’s a bad decision.
You’re right, we don’t know their health circumstances, but at face value these folks don’t seem like the best decision makers.
Are there even 57 year old boomers? 57 years old means born ~1967. Wouldn't that be Gen X? I know generational divides aren't rigid but I feel like 22 years after ww2 ended is not part of the post-war baby boom.
Poor gen x, forgotten again.
Better check up on your Reganomics, Boomers, your options are work or die.
Then maybe she shouldn't have retired?
I'm not under any illusion that I'm going to retire, there's actually a pretty good chance I'll be dead before hitting that age.
The people in the first story are on a single SS payment, because the husband is 57. But the guy retired when he was 45.
Seriously, this is their own damn fault.
The smarter ones already know this and won't leave. It's putting even more pressure on the younger generations who can't get promoted into better positions, which will further compound, screwing their opportunity at retirement too. This shit is not sustainable.