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Nearly 50% of US parents financially supporting adult children, study finds
(www.theguardian.com)
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this post was submitted on 12 Mar 2024
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My dad had to help me out in my period of unemployment. After this was over I found out he basically has no retirement. He has money from his current income, but nothing saved up. He’s nearly 70.
We will all die at our desks. The generation of the majority of American workers being able to ever retire is dead. And corporations and billionaires celebrate perpetual labor.
Boomers grew up with the promise of a pension and did not adjust when pensions went away.