▲ 664 ▼ Senator Bernie Sanders Report Warns Nearly Half of Older Americans 'Have No Retirement Savings' (www.commondreams.org) submitted 2 years ago by return2ozma@lemmy.world to c/news@lemmy.world 106 comments fedilink hide all child comments
[–] I_Fart_Glitter@lemmy.world 32 points 2 years ago (2 children) Third option- their rent is $50K per month. permalink fedilink source parent hideshow 4 child comments replies: [–] USSEthernet@startrek.website 16 points 2 years ago (1 child) 4th option: They don't know how a 401k works. permalink fedilink source parent hideshow 2 child comments replies: [–] Hobo@lemmy.world 5 points 2 years ago* (1 child) https://lemmy.world/comment/8024551 I don’t even know what that is, man. I worked, I didn’t play with stocks. 4th option confirmed. Everyone that has a 401k in some capacity, and isn't sure how they work, please go check your 401k elections right now. It isn't really "playing stocks" but just putting it somewhere that isn't cash equivalent. Otherwise your money is depreciating in value from inflation. This is your chance to learn from WarmSoda's mistake and hopefully will keep you from making the same mistake! permalink fedilink source parent hideshow 2 child comments replies: [–] USSEthernet@startrek.website 2 points 2 years ago Figured. A lot of people just straight believe everything they are told and remain ignorant to how things work. If your job offers any type of benefits, fucking read all of the documentation and if you don't understand something, ASK QUESTIONS! So many people I work with are oblivious to some benefits available to them and when I try to explain, "hey this one thing is basically free money", they shrug it off. Whatever, your loss. permalink fedilink source parent [–] blanketswithsmallpox@lemmy.world 4 points 2 years ago When your bedroom is the Kapua Suite in Hawaii. permalink fedilink source parent
[–] USSEthernet@startrek.website 16 points 2 years ago (1 child) 4th option: They don't know how a 401k works. permalink fedilink source parent hideshow 2 child comments replies: [–] Hobo@lemmy.world 5 points 2 years ago* (1 child) https://lemmy.world/comment/8024551 I don’t even know what that is, man. I worked, I didn’t play with stocks. 4th option confirmed. Everyone that has a 401k in some capacity, and isn't sure how they work, please go check your 401k elections right now. It isn't really "playing stocks" but just putting it somewhere that isn't cash equivalent. Otherwise your money is depreciating in value from inflation. This is your chance to learn from WarmSoda's mistake and hopefully will keep you from making the same mistake! permalink fedilink source parent hideshow 2 child comments replies: [–] USSEthernet@startrek.website 2 points 2 years ago Figured. A lot of people just straight believe everything they are told and remain ignorant to how things work. If your job offers any type of benefits, fucking read all of the documentation and if you don't understand something, ASK QUESTIONS! So many people I work with are oblivious to some benefits available to them and when I try to explain, "hey this one thing is basically free money", they shrug it off. Whatever, your loss. permalink fedilink source parent
[–] Hobo@lemmy.world 5 points 2 years ago* (1 child) https://lemmy.world/comment/8024551 I don’t even know what that is, man. I worked, I didn’t play with stocks. 4th option confirmed. Everyone that has a 401k in some capacity, and isn't sure how they work, please go check your 401k elections right now. It isn't really "playing stocks" but just putting it somewhere that isn't cash equivalent. Otherwise your money is depreciating in value from inflation. This is your chance to learn from WarmSoda's mistake and hopefully will keep you from making the same mistake! permalink fedilink source parent hideshow 2 child comments replies: [–] USSEthernet@startrek.website 2 points 2 years ago Figured. A lot of people just straight believe everything they are told and remain ignorant to how things work. If your job offers any type of benefits, fucking read all of the documentation and if you don't understand something, ASK QUESTIONS! So many people I work with are oblivious to some benefits available to them and when I try to explain, "hey this one thing is basically free money", they shrug it off. Whatever, your loss. permalink fedilink source parent
[–] USSEthernet@startrek.website 2 points 2 years ago Figured. A lot of people just straight believe everything they are told and remain ignorant to how things work. If your job offers any type of benefits, fucking read all of the documentation and if you don't understand something, ASK QUESTIONS! So many people I work with are oblivious to some benefits available to them and when I try to explain, "hey this one thing is basically free money", they shrug it off. Whatever, your loss. permalink fedilink source parent
[–] blanketswithsmallpox@lemmy.world 4 points 2 years ago When your bedroom is the Kapua Suite in Hawaii. permalink fedilink source parent