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Of all generational cohorts, older millennials are most likely to generate enough income to retire comfortably, according to the latest Vanguard Retirement Readiness report.

Specifically, millennials aged 37-41 have the greatest chance of landing a comfortable retirement.

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[-] Bonskreeskreeskree@lemmy.world 101 points 1 year ago

I'm so sick of this complacency with the idea of paying into social security your whole life to fund the boomer retirees just to have it taken from us as one final fuck you. The vocalized consensus among everyone needs to be its not getting taken from us, if anything it will be fixed and made more robust and any politician that acts to remove it from us will have their heads removed from their bodies.

[-] TheHighRoad@lemmy.world 19 points 1 year ago

Absolutely. I get the doom, but there's no way I'm just rolling over on SS, ever.

[-] Laughbone@lemmy.world 14 points 1 year ago

So we post into social security assuming we won’t get it to support the boomers but then they shot down student loan forgiveness, cool.

[-] Cryophilia@lemmy.world 5 points 1 year ago

Boomers believe social security would be gone by the time they retire. It's been a common conspiracy thing for decades.

Basically republicans who are “we need to lower taxes and also steal the rest of the social security fund and give it to people who are already wealthy”

[-] Cobrachickenwing@lemmy.ca 5 points 1 year ago

All it takes is one far right politician to take all that social security money for tax breaks for the rich, write a massive IOU, create rules regarding how far it has to be funded, and then declare social security bankruptcy. It's what is happening to the USPS.

[-] Bonskreeskreeskree@lemmy.world 6 points 1 year ago

Please refer to the final part of my statement

this post was submitted on 06 Oct 2023
652 points (93.6% liked)

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