• 11 Posts
  • 179 Comments
Joined 2 years ago
cake
Cake day: February 6th, 2025

help-circle









  • I’m Gen-X and we usually get dumped in with the Boomers here in the US. However, ours was the first generation to get fucked. Like all those golden pensions of yesteryear dried up and disappeared as soon as we began entering the job force. So those a little older than us are kickin’ back enjoying 70% of their retirement pay or whatever, often with health insurance (as opposed to Medicare), and we’re stuck with shitty 401Ks that yield not only less assets but less secured assets because you can easily go through your entire benefits before you die, as opposed to the pension system. And, of course, our retirement today doesn’t typically come with any auxiliary benefits such as healthcare. Plus most of us are assisting our elderly surviving parents and adult children simultaneously!