Too Many Americans Will Never Be Able to Retire

Afro

Student of life
Supporter
Joined
Feb 8, 2016
Messages
11,577
Reputation
6,201
Daps
49,705
Too Many Americans Will Never Be Able to Retire - Bloomberg - Pocket

The U.S. bounced back from falling fertility once before, in the late 1980s. But as economist Lyman Stone has written, there are reasons why history may not repeat itself. High and increasing costs of housing, child care and education show no sign of reversing. The need for ever-higher levels of education in order to thrive in the U.S. job market is causing families to delay childbirth, which results in fewer children. Stone projects that U.S. fertility rates could fall as low as 1.5 or 1.4 — the levels that prevail in Japan and some European countries.
 

Afro

Student of life
Supporter
Joined
Feb 8, 2016
Messages
11,577
Reputation
6,201
Daps
49,705
Sometimes i think this is all by design to make us stop having children, or less children which is in someways population control.

In this system, you'll always need a replacement for workers though.

Specifically, workers that you have control over. That is why they start indoctrination early in life.
 

surv2syn

The Culture
Supporter
Joined
Aug 24, 2012
Messages
12,057
Reputation
2,590
Daps
22,073
Reppin
NULL
GRODT should be the motto. dont sip the Kool Aid. this aint for "us". as P.E. said...."Cant Truss It". I worked for 16 years for a company as engineer, separated from them, took my 401k and Pension and started a couple of businesses. you need that money now, not when you are old as fukk. My cousin worked 30 years and built up retirement package worth over $300k and when Lehman Bros folded, her shyt was in the bushes. She is damn near 70 with $5k to her name and has to continue to work before she has to downgrade her standard of living even further.
 

PortCityProphet

Follow me to the truth
Joined
Apr 30, 2012
Messages
80,690
Reputation
17,418
Daps
274,736
Reppin
Bama ass DC
I been knew this.
The amount of money you think you gonna need to retire is probably gonna need to be doubled at least.
Them 401ks can be wiped out in a second. You think they wont take your pension if they need it? :usure:
Best advice is plan on working til the day you die cause the future is bleak
 
Top