@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
@doingtime20
Are we really going to ignore the fact that the wealth of the richest people has multiplied in the very same period?
@truthteller4442
Sickening that a country allows this to happen.
@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.
@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.
@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
@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.
@robertf976
The greed of the rich and the corporations is not surprising. They are heartless sociopaths
@UnitedCorporationsOfAmerica
Ten richest men double their fortunes in pandemic while incomes of 99 percent of humanity fall Published: 17th January 2022
@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…
@mdavis3262
This is unacceptable. A 74 yr old retired teacher having to come out if retirement makes my blood boil.
@kev7161
It's especially sad to see someone who needs a walker for help in mobility having to work. There's no shame in using a walker - that's not my point. It's just that she should be in her comfortable home with her feet up not having to worry about $$.
@johnevans1969
I've been totally and permanently disabled since 2001, what do folks like me do? Fixed income, VERY FIXED INCOME. What do we do if the checks stop coming? We are in serious trouble folks
@BruceLee-lm7lh
We should be helping our seniors instead of illegal immigrants
@matthewmitchell68
Retirement is the biggest fairy tale ever told.
@MCC876