this post was submitted on 23 Apr 2025
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Summary

Faced with inflation, taxes and concerns over the size of Social Security benefits, most Americans are more afraid of going broke in retirement than they are of death.

In total, 64% of respondents across generations said they are more stressed about running out of funds in their golden years than the prospect of death.

Americans say they need $1.26 million to finance a comfortable retirement, yet the median amount saved is $87,000. “Certainly for boomers...inflation is a big deal.”

(page 2) 19 comments
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[–] [email protected] 8 points 1 month ago* (last edited 1 month ago) (4 children)

Well, yeah; if you're dead, the government and society won't go out of its way to kick you in the head.

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[–] [email protected] 20 points 1 month ago (3 children)

This is my wife and I. Worse is the fact that we both started our lives dirt poor. The first place we lived together in had a literal hole in the wall and rats in the laundry room, but we only paid $275/month for it. We skipped meals, and all around struggled to survive, but we were young. Being young and full of energy, we had hope that we could and would be able to work our way up. Thirty years later we are wealthy, but the fear that we don't have enough and we'll spend our last days back in that misery and wishing to die is unbearable.

If the dollar tanks and a lifetime of struggle and misery proves pointless, I'm not waiting around for a slow death in a wretched "life".

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[–] [email protected] 30 points 1 month ago (2 children)

Death isn't scary, once you're dead, you're just gone. Being poor means uncertainty, vulnerability and discomfort (plus, as a bonus, often death). The one thing poverty has going for it is the possibility of getting really lucky and escaping before it kills you.

[–] [email protected] 18 points 1 month ago (1 children)

When you are poor you also have little to no agency over your own life. You are at the mercy of just about everything.

[–] [email protected] 6 points 1 month ago* (last edited 1 month ago) (1 children)

That’s the thing that scares them—they don’t want to suffer before they die. Being poor is suffering to them and they know most don’t help the poor because they are part of the “most”.

[–] [email protected] 14 points 1 month ago (2 children)

Being poor is suffering. ~~to them~~

In this country, being poor is or leads to suffering. That is a hard rule that applies to all, not just "them". It is how the system keeps us rats on the treadmill.

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[–] [email protected] 7 points 1 month ago

Wait. That's not normal?

[–] [email protected] 103 points 1 month ago* (last edited 1 month ago) (3 children)

This is one of the things I've hated most about this country for as long as I can remember. "Poor" is worse than "dead." Not just because of the stigmas American society places on destitution, but because money equals value.

In the United States you have to be able to afford dignity. If you've got enough money when you die, you can die with dignity. But when you're poor, you're forced to live without dignity and are made to die without dignity.

A dead person with money is still a person. But a poor person, living or dead, is a lazy drug-addicted insect.

[–] [email protected] -4 points 1 month ago* (last edited 1 month ago) (2 children)

I don't agree with you at all that the problem most Americans have with poverty is that it intrinsically removes your worth as a person. The problem we have is that being homeless is absolutely heart wrenching to watch and we cannot even imagine how difficult that would be to experience.

Edit: so everyone seems willing to believe people are vapid and soulless when there exists a very compelling alternative explanation. I guess humanity is as shit as it seems, guys.

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[–] [email protected] 39 points 1 month ago (7 children)

I think it's more about having a roof over your head while you are in the physically hardest years of your life. You're more vulnerable, have aches and pains, can't go out and get a good paying job. It's about feeling safe and secure in your last couple decades.

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[–] [email protected] 9 points 1 month ago

And that's why the country has been death spiraling, the oldest generations want all the capital even though it is completely useless in their hands now

[–] [email protected] 49 points 1 month ago (3 children)

I never expected to retire, I'll work the rest of my life.

[–] [email protected] 5 points 1 month ago

There used to be communities where single people would live together and communally care for the housing complex and healthcare for each other.

Those were Beguines and Beghards and had a religious connotation, but it could be realized without.

[–] [email protected] 23 points 1 month ago* (last edited 1 month ago) (1 children)

In college, I worked part-time at a convenience store. There were a handful of middle-aged regulars that were clearly spending money they didn't have to spare on lotto tickets. Always wondered why they wasted that money.

I get it now.

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[–] [email protected] 22 points 1 month ago* (last edited 1 month ago) (2 children)

I mean… if enough of you feel that way you could probably get together and do something to improve the situation?

What’s the point of fatalism when you have literally nothing but a nightmare future to lose?

[–] [email protected] 22 points 1 month ago (2 children)

The Boomers are going to break everything, there's no way to improve that. They're locusts, consuming everything, leaving nothing.

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[–] [email protected] 6 points 1 month ago (1 children)

The wealthy controlled both parties until very recently.

Our choices were to vote R and things would get worse quickly, D so it got worse slower, or completely check out.

We finally got the "moderates" out of the DNC a few months ago, so there's going to be an actual choice for "better".

The problem was too many people kept voting "blue no matter who" so the people running the D party didn't have any pressure because they still had a chance to win.

I think the tipping point for a lot of DNC voting members was when the last DNC stole New Hampshire's delegates because they kept voting for a candidate Dem voters wanted and not who the DNC wanted.

That was/is a huge deal that if Republicans had done wed still be talking about. But loads of people already "forgot" that happened

[–] [email protected] 18 points 1 month ago (1 children)

I like the political optimism, but where was this huge shuffle of politicians you describe that ousted the moderates? Most of the people in office now are the same as before.

[–] [email protected] 9 points 1 month ago

Go have a look at what the new DNC chair has been saying. He is, at least, making some of the right noises.

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