Millions of Americans are approaching retirement age with no savings

[UpNext]

No, shut up.

Who invested into 401ks and lost money?

The folks who panic sold in 2008, got raped by the penalties and never got back in because of how fast the market recovered and distrust of the system

 

[Koli_Kat]

shyt was real sweet when the average home cost less than people grossed in a year as a blue collar worker.

Then They got the never to tell us eating out or partying is why we can't afford a home

 

[MikelArteta]

Thank God for a pension

 

[cleanface coney]

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[O.T.I.S.]

Millions of Americans probably can’t retire.. how can they?

They might as well push the age back

 

[MJ Truth]

My parents are in their mid sixties and it’s looking more and more like my brother and I are gonna have to finance their elder years. shyt is kinda spooky actually.

 

[who_better_than_me]

shyt is sad... didn't none of these people make investments, have nest eggs, 401k's??? im trying to do this now before retirement age and it's hard asf...

Ppl don’t invest in 401k. My ex had a great match and wouldn’t touch it. She always said she needed all her coins even though we wer 50/50 on all expenses. Same with all my friends and cam. Ppl don’t think think about that deep into the future. My gf used to start arguments with me becaue I invested the full match in my 401k monthly. I shut that discussion down quickly.

 

[Blessings]

r/overemployed>>>>
Maxing out 401k, traditional IRA, and HSA

 

[adexkola]

The folks who panic sold in 2008, got raped by the penalties and never got back in because of how fast the market recovered and distrust of the system

They were fukked over by their ignorance, not by investing in 401ks. As you mentioned if they had left their accounts, they would be fine.

Plus, most 401ks encourage you to move your money into bonds as you near retirement to protect your funds from market volatility.

Please don't be like @Chrishaune

 

[adexkola]

r/overemployed>>>>
Maxing out 401k, traditional IRA, and HSA

You see it

 

[Magic Mulatto]

Dying is like winning the lottery…

 

[Chrishaune]

Proverbs 11:4

Riches will not provide security in the day of wrath and judgement, But righteousness rescues from death.

 

[FishNGrits]

Proverbs 11:4

Nikka fck that book

 

[DatBoiHawk]

Gonna be a bunch of geriatric drug dealers in the future

 

[Fill Collins]

Life is just a choice between being bored now and suffering later

This stupid bytch adopted three children without a partner and refused to save, now look at her