@HodgeChris
America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..
@VeeruDono
I retired in 2022, thinking $300k would be enough. But living on a fixed income with ongoing inflation is challenging. Every withdrawal makes it harder for my savings to grow through compounding interest. The thought of having to work again in retirement is really scary
@truthteller4442
Sickening that a country allows this to happen.
@doingtime20
Are we really going to ignore the fact that the wealth of the richest people has multiplied in the very same period?
@nicolasbenson009
High prices for everything have severely affected my plan. I'm concerned if people who went through the 2008 financial crisis had an easier time than I am having now. The stock market is worrying me as my income has decreased, and I fear I won't have enough savings for retirement since I can't contribute as much as before.
@UncleDavesKitchen
I'm about to turn 70 and just returned to work as an RN. I work home care for near drowning children on ventilators and tube feedings. They can't find nurses working for this population, I was a Pediatric Hospice RN and Pediatric ER RN ages ago. I needed the income but actually love being an active RN again and caring for children that need me.
@curiouspenguin6887
You can't retire and still have a mortgage. The story should have mentioned this up front. Going back to work isn't as shocking if you still have a mortgage.
@Loretta_C
The Golden Girls was on point. Many women, and men, will be moving in together in their later years. This will not only combat the housing crisis but the loneliness epidemic as well.
@UnitedCorporationsOfAmerica
The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%—And That's Made the U.S. Less Secure.Sep 14, 2020
@Ss1mega
All part of the plan.
@robertf976
The greed of the rich and the corporations is not surprising. They are heartless sociopaths
@richatlarge462
Who says that Americans have to keep living in the United States?
@steverinaldi890
And the cost of living will never reduce and go back down. It may taper off, it may slow down but it will never go down. Welcome to the new America.
@containedhurricane
I'd be lucky enough if I could get a job at her age
@nomad60453
This is why I will be moving overseas. I rather be in a Third World country then be old with broken bones struggling to work just so I can eat and have a roof over my head. Cost of living in this country is caused by corporations and overspending by our Government. Enough is enough.
@chanela.7786
I remember back when I was still in hs around 2016/2017 working in retail I had quite a few coworkers that were elderly and remember they wouldn’t even really get to sit down during times the store was slow. It really made me contemplate how hard things were getting to see these people still having to work at their age…
@Girl-eg7fs
She looks good for being 74
@BruceLee-lm7lh
We should be helping our seniors instead of illegal immigrants
@UnitedCorporationsOfAmerica
Ten richest men double their fortunes in pandemic while incomes of 99 percent of humanity fall Published: 17th January 2022
@MCC876