Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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Baby boomers living on $1,000 a month in Social Security share their retirement experience: 'I never imagined being in this position.' (www.businessinsider.com)

submitted 7 months ago by SeattleRain to c/housing_bubble_2

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[–] jordanlund 22 points 7 months ago (2 children)

Then maybe she shouldn't have retired?

I'm not under any illusion that I'm going to retire, there's actually a pretty good chance I'll be dead before hitting that age.

[–] [email protected] 13 points 7 months ago* (last edited 7 months ago) (1 children)

The smarter ones already know this and won't leave. It's putting even more pressure on the younger generations who can't get promoted into better positions, which will further compound, screwing their opportunity at retirement too. This shit is not sustainable.

[–] [email protected] 2 points 7 months ago (1 children)

Sounds like me waiting for an 80 year old to retire so that I can get a full time position at my job instead of just a "part time" one working 40hours a week

[–] [email protected] 1 points 7 months ago

Just bump into them on the stairs.

[–] [email protected] 6 points 7 months ago

The people in the first story are on a single SS payment, because the husband is 57. But the guy retired when he was 45.

Seriously, this is their own damn fault.