A Boring Dystopia

I've emptied out my 401k because food and shelter were my priority. I've had to do this twice so far in my lifetime. Once during the 2008 recession and again last year.

I had a "good" job at one point. I didn't put money into a 401k because I knew I wouldn't be employed there forever.

Let's say you're 25 and you put 6% of $50k/yr into a 401k and then get fired 4 years later but then the best job you can find afterwards pays only a bit more than half of what you were making. You don't get that back that until you're 65 or whatever. That would have been $12k that's just gone. I want to actually live to be 65. I needed that money. I'm glad I didn't do that.

I might not have a retirement but at least I've (so far) never been homeless or had to live in my car.

Yes, yes we know, yes, tax corpos and the wealthy. It's that simple

bUt tHE ecONoMy iS BoOmiNg!1!!one1!

A lot of what the person interviewed is saying is very tone deaf. Not everyone has the problem of not being “right sized” in how they live…a lot of folks are barely scraping by and have no other option but to tap into retirement to do things like…pay medical bills, not lose their dwelling, or simply make it through a hard time. Are there folks living above their means? Sure! But I would say the vast amount of people cashing in retirement funds early are not those people.

Because shit’s been fucked for a while and there’s only so much people can cope?

Does Amazon sell guillotines?