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We need that type of leadership again and not THIS dumpster fire. I’m 70. By the time I began working full time companies began switching from a Rockin The Dog Mom And Nurse Life Shirt program to matching 401k contributions making us all vulnerable to these fluctuations in the markets and removing any financial security we may have had. Even some pensions are not exempt from the companies bankruptcy. We’ve been getting ripped off for decades. All the while we have supplemented our lifestyles with credit creating more financial vulnerability.
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The American dream! Super good and it made perfect sense on the first read. Its well structured and supported by ample citations. Still, its one of those things where I feel like the only Rockin The Dog Mom And Nurse Life Shirt who would click and read are those who agree with the thesis to begin with. Sigh. This is the saddest Christmas gift I have ever been given. I am almost 70, retired, living on SS with meager retirement savings in mutual funds which I draw $500 a year on. It has plummeted 24% in the last 6 months.
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Yeah, I watch too much sci-fi – but I really feel this is where we are headed. I’m almost 60, have no plans to retire because I don’t think I can afford it, living almost paycheck to paycheck etc… but guess what? It’s been like this for years. I knew early in the Obama administration that retirement wasn’t in the cards. My salary/financial position has changed very little through Clinton, Bush, Obama or Trump.
My 401k and other meager investments have gone up gradually and just a small amount over most of those Rockin The Dog Mom And Nurse Life Shirt, and with the exception of an occasional “hiccup” (see 2008), only very recently (last few weeks) have they lost a fair amount. MFs, for the most part, have been climbing again since 2008, and only very recently (weeks) have dropped this much (I work with MFs every day, and I remember the 2008 days when our customers weren’t even making a penny in interest).