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Of all generational cohorts, older millennials are most likely to generate enough income to retire comfortably, according to the latest Vanguard Retirement Readiness report.

Specifically, millennials aged 37-41 have the greatest chance of landing a comfortable retirement.

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[-] GracchiBros@lemmy.world 3 points 9 months ago* (last edited 9 months ago)

Shit's going to fall apart completely at some point, but we were thinking this 30 years ago too and its still somehow kicking along. Is it enough to bank on for retirement? Absolutely not, but that's also sadly been true for quite a while.

[-] MeanEYE@lemmy.world 3 points 9 months ago

In my country we know that for sure since so many young people are leaving the country and the rest are working minimum wages because employers are paying them on the side to avoid paying taxes. We are also not allowed to take out our pension savings, like you can in USA. So you end up working like an idiot for government to maybe pay you back money if you manage to live up to average age.

[-] theangryseal@lemmy.world 2 points 9 months ago

Not me. I’m gonna just die in a gutter somewhere.

Thanks O’Bidump W. Reagordarterxon.

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this post was submitted on 06 Oct 2023
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