A new year is upon us. Traditionally, we use this time to look forward, imagine and plan.
But instead, I have noticed that most of my friends have been struggling to think beyond the next few days or weeks. I, too, have been having difficulty conjuring up visions of a better future – either for myself or in general.
I posted this insight on social media in the final throes of 2025, and received many responses. A lot of respondents agreed – they felt like they were just existing, encased in a bubble of the present tense, the road ahead foggy with uncertainty. But unlike the comforting Buddhist principle of living in the present, the feeling of being trapped in the now was paralyzing us.
I mentioned this to my therapist, Dr Steve Himmelstein, a clinical psychologist based in New York City who has been practicing for nearly 50 years. He assured me I was not alone. Most of his clients, he said, have “lost the future”.
People are feeling overwhelmed and overstimulated, bombarded with bad news each day – global economic and political instability, the rising cost of living, job insecurity, severe weather events. This not only heightens anxiety but also makes it more difficult to keep going.
On one hand I guess it's kind of comforting to know many people feel the same way I do. But on the other hand I feel like...this shouldn't be something we're all feeling. I'm not American either. But everything going on just makes life very unpredictable. I'm still trying to figure out
can I even retire? Is that possible in this day an age?
can I even get some kind of stable job or even a career that actually pays well so I can achieve #1?
3)Can I support my aging parents properly?
And then finally trying to balance that with the unpredictability of everything going on with politics and society, the pandemic, the job market, my personal health. I know things have always been unpredictable. But it feels like they are the least predictable they have been in my 30 some years of life. (so far).
I feel the same but 20 years older so the answers are essentially no. Even if everything went peachy I don't have the time to build it up. I mean I got to the point of savings but thats being eaten up now so its going to like 99% be living on social security and nothing more if we make it that far. Last I saw medicare would take the lions share of that.
That makes you old enough to remember when your bog-standard savings account outpaced inflation.
I've gotten laid off so many times and had to cash out my 401(k) just to make rent that I don't believe in anything about the financial system. And Social Security won't exist by the time I'm in my 60s, so what's the point?
honestly I don't think I knew enough about banking to know those times so they were probably around but I was just ignorant of the whole thing. I usually did not have any significant savings (money left soon enough after making it) until well after college so was generally looking for no fee checking.
I once sold sweepstakes tickets for my choir to Charles Keating's wife (Look him up if that's not familiar.) as she was coming out of the store. I think she just wrote a $400 check off the ACC account. Still, that was a lot of sweepstakes tickets, and I had no idea who she was.
I was just a choirboy, after all.
I did not recognize the name but certainly recognize the first in the pendulum of deregulation crises.
As to Nr. 1, no. That's for boomers.
As to Nr. 2, no. That's also for boomers.
As to Nr. 3, if you can't pay your own bills, no.
:( let me hope lol