Quote:
Originally Posted by BlueStreak
The next big problem will be the failure of the 401k to provide adequate retirement income for the vast majority of Americans. I know people in their 50s who have worked and saved their entire lives.........and have $20k, maybe $30k in the 401k. The payout from that, even if they work until they are 70, may not be enough to buy a pizza by then. Low wages, kids, college debt.........They simply could only afford to save so much.
It's insane.
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That's me. Problem is, anything saved over the past 30 years has been decimated by inflation and the stock market fluctuations.
Unless you made lots of money and saved a big chunk of it, you couldn't' have possibly saved enough. Most folks didn't make that kind of money.
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It occurs to me that republicans seem to view black, Mexican, LGBT, Muslims and poor people in the same light as Nazi Germans once viewed Jewish people. We must be vigilant that it goes no further.
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