• givesomefucks@lemmy.world
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    10 months ago

    All of us are…

    Even boomers, who hold a shit ton of wealth as a generation, are fucked on average.

    That year, 30% of people over 65 were economically insecure, meaning they made less than $27,180 for a single person.

    https://www.businessinsider.com/boomers-not-enough-retirement-savings-gen-z-millennials-eldercare-2024-1

    Most of the ones who do have net wealth, its because they bought a house decades ago. If they sell it, it goes straight to rent.

    It’s why it’s so infuriating when Biden tries to brag about the economy.

    It’s only helping a very small chunk of Americans, and he’s ignoring all of us.