Interesting Shares

1244 readers

39 users here now

Fascinating articles, captivating images, satisfying videos, interesting projects, stunning research and more.

Share something you find incredibly interesting.

Prefix must be included in the title!

Prefixes for posts

Certain clients offer filters to make prefixes searchable/filterable.
E.g. Photon (m.lemmy.zip) used for links below:

Icon attribution

If someone is interested in moderating this community, message @[email protected].

founded 1 year ago

MODERATORS

[email protected]

-4

[Article] Are the wealthy less worried about old age? (www.brookings.edu)

submitted 4 days ago* (last edited 4 days ago) by [email protected] to c/[email protected]

3 comments fedilink hide all child comments

Wealth alone doesn’t eliminate financial worries in old age. Factors such as pensions, health care, inequality, and cultural attitudes are key in shaping old-age security.

Financial worry transcends income levels and geographic boundaries. Even in wealthier countries, gaps in social safety nets and financial literacy can contribute to insecurity about old-age finances.

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

[–] pdxfed 3 points 4 days ago

I remember an article WSJ put out in ~2010 about the burdened cost of a Manhattan family who had two 750k salaries by listing out their costs which included a madi, childcare and private school for two kids, two cars (in NYC!), etc. "everyone is scraping by" was the general thrust. So myopic.