this post was submitted on 15 May 2025
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I spoke the other day about rich people whingeing that they don't have enough to retire in luxury. In today's news there is a 67 year old man who hates his job and wants to retire. However the poor thing only has $700K saved up. This only gives him $28K a year in interest. sadness Poor old dear still hasn't paid off his mortgage so how will he manage on that?

How the other half live.

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[–] [email protected] 12 points 1 week ago (1 children)

I haven't been able to save anything. There have been at least 3 different times that I had to drain my 401k just to keep a roof over me.

This old, crusty boomer should just die and leave that money to his kids.

[–] [email protected] 9 points 1 week ago (1 children)

I had a tiny amount saved, like a “get wiped out by medical emergency” amount and then being unemployed has erased most of that

[–] [email protected] 4 points 1 week ago

That's pretty much been my experience.