return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 6 months agoMillennials' retirement and homebuying plans may be a fantasywww.businessinsider.comexternal-linkmessage-square33fedilinkarrow-up1195arrow-down14cross-posted to: usnews@lemy.lolnews@lemmy.world
arrow-up1191arrow-down1external-linkMillennials' retirement and homebuying plans may be a fantasywww.businessinsider.comreturn2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 6 months agomessage-square33fedilinkcross-posted to: usnews@lemy.lolnews@lemmy.world
minus-squareRagnarok314159@sopuli.xyzlinkfedilinkarrow-up5·6 months agoI started saving at 19, opened an awesome account for retirement as best was told after joining the army. Almost the entirety of it was wiped out after the banking collapse. All those “proprietary investment funds” failed, was left with maybe 5k. Then we had 2009-2012, we all worked minimum wage in our 30’s. Millennials mostly have nothing to retire on.
minus-squarefrickineh@lemmy.worldlinkfedilinkarrow-up5·6 months agoThe government should’ve bailed regular people out, not the banks.
minus-squareRagnarok314159@sopuli.xyzlinkfedilinkarrow-up2·6 months agoYep. Still waiting for that all to trickle down. We got absolutely. Nothing for all our tax dollars wasted on banks.
I started saving at 19, opened an awesome account for retirement as best was told after joining the army.
Almost the entirety of it was wiped out after the banking collapse. All those “proprietary investment funds” failed, was left with maybe 5k.
Then we had 2009-2012, we all worked minimum wage in our 30’s. Millennials mostly have nothing to retire on.
The government should’ve bailed regular people out, not the banks.
Yep. Still waiting for that all to trickle down. We got absolutely. Nothing for all our tax dollars wasted on banks.