A Boring Dystopia

10531 readers

252 users here now

Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.

Rules (Subject to Change)

--Be a Decent Human Being

--Posting news articles: include the source name and exact title from article in your post title

--If a picture is just a screenshot of an article, link the article

--If a video's content isn't clear from title, write a short summary so people know what it's about.

--Posts must have something to do with the topic

--Zero tolerance for Racism/Sexism/Ableism/etc.

--No NSFW content

--Abide by the rules of lemmy.world

founded 2 years ago

MODERATORS

givesomefucks

191

Millennials' retirement and homebuying plans may be a fantasy (www.businessinsider.com)

submitted 8 months ago by return2ozma to c/aboringdystopia

33 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] frickineh 38 points 8 months ago* (last edited 8 months ago) (7 children)

Yeah, no fuckin shit. I've been incredibly fortunate and started saving for retirement at 22 (not because I could afford it, it's mandatory when you work for the government) and I'm almost 40 and still only have about $220k saved. I'm miles ahead of most of my friends, and miles behind where I'd actually need to be to retire at 65. I realized a few years ago that my options are to work until I die or retire when I'm ready and off myself when I'm out of money. Option 2 is a lot more appealing - at least I'll get to enjoy myself for a few years instead of none.

I've given up on the idea of owning a home. That's just plain never gonna happen on a single income.

[–] [email protected] 5 points 8 months ago (2 children)

I started saving at 19, opened an awesome account for retirement as best was told after joining the army.

Almost the entirety of it was wiped out after the banking collapse. All those “proprietary investment funds” failed, was left with maybe 5k.

Then we had 2009-2012, we all worked minimum wage in our 30’s. Millennials mostly have nothing to retire on.

[–] frickineh 5 points 8 months ago (1 children)

The government should've bailed regular people out, not the banks.

[–] [email protected] 2 points 8 months ago

Yep. Still waiting for that all to trickle down. We got absolutely. Nothing for all our tax dollars wasted on banks.

load more comments (4 replies)