Looking Forward to Retirement is a Thing of the Past | Retro Report

Future of Aging is Emmy-nominated! People are living longer across the globe, and that's redefining what it means to be over 65 - and what the future might mean for retirement.
"What Happens Next" is a collaboration with Quartz examining the future of society.
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[@Riggsnic_co]

More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.

[@bob.weaver72]

The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.

[@geoffdearth7360]

I saved a lot when I was working. I actually got fired short of my full retirement age. But I had no debt so my SS covers my day to day expenses. Avoid debt like the plague!

[@justrydin7231]

And don't get sick. My mom said it all the time, "Health is wealth." If only that were guaranteed.

[@retrovox]

@@justrydin7231 But the world is not to our liking. Everything happens due to causes and conditions.

[@victorsr6708]

geoff dearth now that hard right? Live below your means, pay off your house and stop the upgrading BS of keeping up with the Joneses. Travel, have fun and love everyday to the fullest.

[@georgfriedrichhandel4390]

That's very sound advice if you can do it and I have no doubt that many people use credit cards for frivolous purchases but when you live paycheck to paycheck and an unexpected expense arises (the car breaks down, your roof is leaking, your child needs to go to the hospital), going into debt is unavoidable. And once you go down that road, it can be a very long way down.

[@geoffdearth7360]

@@georgfriedrichhandel4390 I don't consider myself any better than people who are less well off. But I do think thrift and fiscal management should be taught in school.

[@GFSLombardo]

There is a difference between continuing to work because you want to vs continuing to work because you have to. A VERY BIG DIFFERENCE.

[@yellowbird5411]

Sometimes it's a little of both......

[@fionafiona1146]

My grandmother is in love with the job she retrained for but it's futile for anyone to even apply for her position and that's scary.

[@NomadicBrian]

I can work 6 months a year and do just fine. That's my plan. Contract work allows me to pick my projects and I make enough in that time period.

[@slerickson01]

I love not working having retired at 61.5

[@jew_world_order]

Not really

[@albacus2400BC]

Retirement is not an end, but a new beginning.Your dedication today will pave the way for a future filled with financial security and the freedom to pursue your passions.Big ups to everyone working effortlessly trying to earn a living while building wealth. I’m 50 and my wife 44 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. Saving and investing lifestyle made it possible for us this early even till now we earn monthly through passive income..

[@AddilynTuffin]

Congrats on your early retirement, Interesting indeed! Currently, I am in dire need of investment advice or tips. Last year, I hesitated and failed to take any action until the year concluded. However, this year, I am determined to try something new, as I am very receptive to various investment ideas.

[@kaylawood9053]

@@AddilynTuffin Alright so generally, investing requires higher knowledge. For this reason, It's important to have a solid support structure (financial consultant) to guide you through especially in asset picking. I operate with (SHARON LOUISE COUNT) an investment advisor who partners with a licensed wealth management firm. For the record, the experience has been the best for my finance. She is quite popular for her services so you might have heard of her.

[@ericmendels]

You are right, I am one of many who has benefited from investing with Sharon Louise Count. 2020 is an unforgettable year in my life, back then I lost my job due to covid and had no reason to live. Sharon made a good life possible for me through passive income and I owe her my life. To be honest, I feel like she is an angel of who was sent to help those who are suffering financially.

[@mohamedrafrafi5486]

Take care of your health,you will need it tomorrow.

[@RicciOlson]

Best piece of advice ever!

[@spaceindian2378]

Health is wealth

[@chicagojones5133]

Well said 👵🏼🍷

[@CraftyZanTub]

Not everyone is lucky in the health department, and there isn't anything you can do if you're born with disease.

[@katme8055]

Better to die by 40

[@alomonwo]

"Work until you Die" - the new American Dream.

[@GhostSal]

The reality is investing is risky and you shouldn’t have to gamble on your retirement. That’s why we had pensions and have social security, that’s the way it should be. No one should have to work in old age till you die.

[@Jay-vr9ir]

@Dra O True but you have to sacrifice , no luxuries , no going out, no fun.Save every nickel.

[@ShidaiTaino]

Alex Mundo many places work until they die. Many of these places live into their 90s

[@ParanoidReviewer]

Well that's you are stupid. If your smart and save, and pick a job other than a cushy low paying office job.

[@joncoda365]

Dra O what if you’re not smart? Do people who are less smart deserve what they get because they aren’t smart?

[@teresah.6696]

I've never understood why elementary, middle and high schools don't teach day-to-day finances planning, savings and debt. it would have made and make a difference

[@aliciabrowndocken4660]

If you can do math and look at the big picture and ignore today you will be in good shape. I'm lucky, I grew up with a Mother who was a Paranoid Schizophrenic and a Father who was an Absent Alcoholic. The first 18 years of my life were about Surviving until the age of 18. One day at a time. Life was miserable until I turned 18 and then my mother threw me out for signing up for Community College. She had checked with the Voices and they assured her that I would learn Evil things in College that she wouldn't understand. She promised me that she would see me starve to death in a Cold Dark Alley with an Aching Hungry Belly. I put 2 changes of clothes in a paper sack. I had $6 in my pocket and I left, never to return. I served 4 years in the Military during the Vietnam War and I went to Community College on the GI Bill. I have VA Health Benefits to fall back on in an Emergency. I'll never be Medically Bankrupt. I have no Family and I have no Children. I've worked for 50 years since I was age 15. I averaged 60-80 hours a week. I'm Retired now and my home is paid for. I have a Retirement pension and Social Security of about $40K a year. I have a 7 figure investment portfolio. I'm debt free and all of the toys are paid for. The Only portion of my Retirement that my employer ever contributed to was a pension annuity that pay's $721 per month. All of the rest of my contributions came from me, out of the income from a 2 year Junior College Program. I tell people that Retirement is Life on Steroids. The first 50 years were unbelievably miserable and I wouldn't want any of them back. The next 15 years were better but mostly just a Hell of a Lot of Hard Work. Right now I'm researching two things that I heard about recently. Vacations and Hobbies. This is truly the American Dream.

[@stephenlennartz3466]

@@aliciabrowndocken4660 Nice job, Alicia! I'm in a similar position. Not without trials reaching this point but seriously ... it is doable. Congrats. Oh btw ... as far as hobbies ... I highly recommend music. I'm pushing 60 and play guitar/keyboards/sing in a cover band at wineries and festivals. Few things bring greater joy. And as former parttime guitar teacher ... I can tell you with certainty that you are never too old to pick up an instrument and play. When I taught ... I had students from five years old all the way to 90-something! Go for it if you should so desire! ; )

[@aliciabrowndocken4660]

@@stephenlennartz3466 Right now I'm heavily involved in motorcycle camping with the BMW Motorcycle Clubs. I sponsor a couple of Go Karts that are raced by 4 and 5 year old children of a couple of my friends and I Crew on their Father's race car. I'm having the time of my life.

[@stephenlennartz3466]

@@aliciabrowndocken4660 Sounds wonderful! Sounds familiar, too. My mother was also afflicted with paranoid schizophrenia. She was in and out of hospitals from the time I was in second grade ... sometimes as long as a year. Fortunately I had a father that was pretty close to Ward Cleaver-like--unconditional love for his wife and five boys. He taught us a strong work ethic too (like yours!) that helped position us for success. Good luck with your American Dream, Alicia. Well deserved!

[@aliciabrowndocken4660]

@@stephenlennartz3466 I remember the first time we went to Visit her in the Psychiatric hospital. I was 7 and the first thing I noticed was that none of the Doors had Knobs or Handles and that there were Bars In The Windows. The Nurses had Keys attached to a Lanyard that they kept tucked inside their uniforms. They used them to Open and Close the doors. It was an absolute nightmare. We were always blamed by the rest of the Family right up until she finally died.

[@findingmo7049]

I’m 41 and this video and it’s comments section is very scary to say the least.

[@US_ARMY_25_INF._DIV.]

It is almost too late for u.....better get ur shit together...…..

[@snakechrmr6398]

It's designed to scare you. And not necessarily true. 41 is only about half way through your worklife as long as you stay healthy. I retired at 62 with little savings, no debt and a small pension. Started taking SS at 64 1/2. Today, at 68 I have no debt, little savings, a small pension and SS. Since I retired to Europe my monthly expenses not including food but including rent and health insurance equal about 1/3 of my monthly SS benefit.

[@snakechrmr6398]

@@cordfortina9073 No sir, I did not. Or anywhere else in northern Europe. London is way too large of a city for my tastes. Small town under 10K (around 5K is best) seems to fit my life. I worked my last years and retired in Portugal. Then, after 10 years in Portugal I packed up and moved to Serbia.

[@snakechrmr6398]

​@@cordfortina9073 I started on a small farm outside San Antonio, Texas and worked around the lower US, Alaska, West Africa and Europe. Like most Americans I'd never seen a castle until I came to Europe. Shipped my Harley to Portugal in '09 and spent free time riding around the Iberian Peninsula searching out castles, Roman and other ruins, art, museums and culture. As crazy as this might sound I woke one morning in Apr '17 and realized I knew nothing about eastern Europe, the Ottoman Empire, the Balkans, Yugoslavia and Serbia. So, I tossed a bag in the car and drove to Belgrade to checkout things for a week. 2 months later I was packing my apt getting ready to move east and by Oct I was riding the Harley across. No ancestral roots but I did have one Serbian friend I'd worked with in Nigeria a decade earlier to help as a point of contact. I'm liking Serbia quite a bit. It was a good move. Portugal and Serbia are a lot alike as the people are helpful and friendly to Americans, both economies are struggling, each place has a ton of their own history and living costs are about the same. I believe Serbia has more potential as they emerge from the cloud of the civil war and conflict of the 90s. I'm also close to former USSR countries of Hungary and the Czech Republic with their own story and history. (4 hours from Budapest and another 2-3 hours to Prague) Last Sep-Oct I took a solo ride back to the Iberian Peninsula covering 6700 km taking videos, photos and notes along the way crossing the Pyrénées and Alps on the way home. Posted a few pix on Instagram europeon2wheels. Rode 987 miles (1588 km) in 26 hours w/o sleep the first day. That trip and the move here have reinforced two things. 1) at 68 I gotta quit pushing myself so hard, I'm not a 55 year old kid anymore, and 2) no more moving, I'm getting too damn old to have to learn a new language every few years.

[@ronlanter6906]

I'm 59 and it is scary to me as well

[@mrcoreynitro]

I live in Florida I see people 70+ still working on a daily basis

[@Zeldarw104]

yes, that's why when we see an older-population, working, we should always treat them with kindness, compassion, & empathy.😔 #Respect

[@djdigital3806]

I used to live in Jacksonville. Nice place to retire.

[@williamschlenger1518]

What if your van or camper breaks down?

[@4406bbldb]

The failure of the last 4 presidents has been a problem. Thank goodness DJT is correcting the past failures and quickly.

[@texan903]

@@4406bbldb Tax breaks for the wealthy, yes, he is correcting things.

[@SupesMe]

I can tell you about the ridiculous treatment of Senior care people. I was a lic. CNA and made less than $10 a hour to take care of Human beings. I made more handing out samples at a grocery store. It's horrendous the way they treat health care workers

[@justme7422]

Agreed! I worked as a CNA on a step-down unit from Cardiac Intensive Care. On second shift I wasn't supposed to have more than 10 patients. I cannot even count the number of nights I had 17+. Many nights I had 7 open heart patients, 4 totals meaning they could do nothing including feed themselves, and then a variety of other patients as well. All for $10 bucks an hour. It's insane! One person can only do so much.

[@janiceschroeder9908]

@Sapphire Sky I have always thought there is something strange about paying such low wages but charging $8000 or more a month for a nursing home.

[@gdal3]

@@justme7422 how can the pay be so little?? Supposedly that industry is gonna have a bright future..

[@Snoopysnoopy255]

Forgive my ignorance why is the wage gap compare to rn in us so big a relative of a relative works as a nurse and brags about how much she makes ..

[@herbal4health923]

agree

[@face2lune]

This administration is putting many families in difficult situations. A lot of people are financially struggling to live, put a roof over their head and put food on the table. Things are getting worse these days, if you don't find means of multiplying your money you might wake up a day to realise you didn't plan well for yourself and family.

[@coolben854]

I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don’t know who agrees with me but either way I recommend either real estate or bitcoin and stocks.

[@divlweb]

I keep wondering how people earn money in financial markets, i tried trading on my own made a huge loss and now I'm scared of investing more.

[@face2lune]

@@divlweb Understanding your financial needs and making effective decisions is very essential. If I could advise you, you should seek the help of a financial advisor. For the record, working with one has been the best for my finances.

[@divlweb]

I’m Glad i stumbled on this. Please, if its not too much of a hassle for you, can you drop the details of the expertise that assisted you and how to get in touch….

[@face2lune]

@@divlweb I get guidance from *Susan Tori Davis* Most likely, the internet should have her basic info..

[@coherentmedia]

I'm telling you - bring back labor unions and you'll shift the balance of power back from the employers to the employees, and you'll see increases in wages, benefits, and pensions, the way it should be. I look around work right now, and I wonder who's grandma that is working for us now! It's ridiculous. And I have to yell at grandpa at work because he can't hear what the hell I'm saying. Face it people, this is not how life should be. Don't stand for it. We're losing benefits every year, and wages are not keeping pace with inflation. I really don't know how people are buying the million dollar homes in my area - I've heard the Chinese are the one's buying up all our real estate. Form your labor unions NOW - it's not too late! Argue with me all you want, but we're now suffering the consequences of when Reagan fired the striking air traffic controllers, and the government brainwashed people into thinking unions were evil. Unions protect YOU, the worker. Without them, you have ZERO power! 9 out of 10 people I talk to think unions and public employee retirement associations are bad, but just look at the retirement that teachers have, and when you're 65 and still working while knowing teachers got to retire at 55 with 75% of their salary until they die, you'll be shitting your Depends while drooling, blind and deaf in your work cubicle, praying to die.

[@almone5895]

Most people don't want to hear this, they hear UNION, and they view the word as anathema to making it in America. I really have to give it to the Big Companies they have done a great job brainwashing the younger people today into thinking that Unions are bad, and that you MUST have a college degree to make it. Well I have worked at a Union job for the past 30 years, No college degree, and that union helped negotiate contracts that have gotten us Matching 401Ks, Job security, and good wages. I will be retiring in 2-3 years, at age 54 or 55 with over a million in my 401k and a pension buyout of around 600k. I intend to enjoy the rest of my life. Currently in America there is a shortage of highly trained blue collar workers, The money and jobs are there if you are willing to get a little dirty.

[@polishherowitoldpilecki5521]

Boomers ruined the economy.

[@cooperminion825]

@@almone5895 the reason y is that kids are being brainwashed into thinking that blue collar jobs are for crude, stupid people or that they're criminals

[@blackworldtraveler3711]

@@polishherowitoldpilecki5521 If you think it's ruined you was dragged into that barrel of crabs with them.

[@juliusceasar8485]

@@polishherowitoldpilecki5521 dont say anything.....millenialls are an exact copy......in 30 theyll be just like them.....

[@karenkaren3189]

At 63, I am fortunate to still enjoy my work and am making good money. Partly good luck, partly good choices. I do work with people who are completely burnt out but still have to work. I feel so sorry for them.

[@TheBohemianStyle]

Karen Katz Allow me to set you up to get fired so that I can get your job and earn money.

[@karenkaren3189]

Chris, if you can work 12 hour night shifts as an Oncology nurse, taking care of some of the sickest and most desperate people that you will ever meet, then my nurse manager would love to meet you. Please PM me with your resume and I will be happy to forward it to her.

[@TheBohemianStyle]

Karen Katz How do I pm you?

[@karenkaren3189]

Not sure in this venue

[@karenkaren3189]

However, if you are seriously interested in working on my unit, then contact the Department of Nursing at Johns Hopkins Hospital. The main hospital number is 419 955. 5000. The operator can connect you with the appropriate department. Good luck.🙂

[@fourthgirl]

My mother worked as a home health aide to age 81. She died in 2008 at age 84. I see people working the ballgame in their 60's, 70's and 80's. They do this to supplement their SSI.

[@annomaly751]

your mom was a hard worker and probably helped so many people, you should be proud of her.

[@andrewheffel928]

SSI was never intended to be your only source of income in retirement. It was intended to provide 35% to 40% of your retirement needs. The rest needs to come from your own efforts, your savings, your 401K, whatever you can do to prepare for retirement. As a home health aid, your mom was probably not able to save very much, and there are a lot of people in that situation. I hope you helped her as much as you could. For you, if you earn above the poverty level, try to save all you can for retirement, so you don't have to work till you die. You are responsible for yourself, the government can only help with a portion of your retirememt needs.

[@riskleaf6079]

@@andrewheffel928 Government assured retirement is different country to country. Many countries in Europe have full pention retirement, but at the coat of higher taxes. It's a "pick your poison" situation.

[@wilber504]

@@annomaly751 some do it because they're lonely and it;'s a way to get out of the house.

[@marks.3798]

they probably do it to be out of the house and have something fun to do in retirement.

[@kalaukia434]

Jean says “we’ve all been trained to discriminate against our elders” . I wasn’t, I was trained to respect human beings of all ages. Aging is difficult but so was being dependent at birth.

[@gr8myndmuzic]

This is why financial literacy and multiple streams are so important.

[@georgfriedrichhandel4390]

If you can afford them.

[@painexotic3757]

@@georgfriedrichhandel4390 afford what? we live in the age of information lmfao. You can literally learn ANYTHING for free online. A N Y T H I N G. FOR FREE. There are hundreds of websites, blogs, and forums aimed at financial literacy. There are dozens of courses online for free. there are hundreds of books and resources you can find for free. there is no excuse... this is the same for growing your income.

[@YouVSMeTV]

@Mister Hand why is he a trumptard, cause hes telling the truth?

[@wturner777]

Leonard Frank I have to agree with you. Not only that we should create instead of consume.

[@bill4263]

That is exactly right. My wife and I have seven sources of income. Eight if I work.

[@wowwee0]

Retirement didn't exist before the last century. The only difference is we took care of our elders before. We shouldn't leave them on their own.

[@usefulidiot2842]

And families used to stay together and parents didn’t kick there kids out but in America we do the opposite of natural and America is the beta test for the rest of the world

[@aab434]

@@usefulidiot2842 that's right

[@katme8055]

We died by 65 only 50 years ago

[@usefulidiot2842]

And now we will die earlier unless u can afford to live longer

[@zodglubby]

@@usefulidiot2842 different reasons now though, our shitty diet and life choices mostly

[@staffie1uk]

This is what happens when you spend everything you earn kids. Forget consumerism and live well within your means.

[@Dividendsmattertoo]

Exactly I try to save 65% 70% of my income in stocks bonds savings and about to buy my first house and rent out as much as I can from it for passive income

[@staffie1uk]

Whatever the cause, the effect and the solution is the same.

[@spenserhickssh]

I don't know man that new shiny video game that costs 2 months salary sure seems like a good investment 👀🤣

[@lolal2502]

@Thomas Crown you probably naturally born minimalist. It is extremely hard for those who were naturally born extravagant.

[@lolal2502]

@Thomas Crown good for you. I live like an alcoholic living in a bar, bombarded with all kinds of temptations from different directions. I can only contain myself for so long. 😟😟😟

[@bluequiltedness]

Lol, "we've invented a new stage of life!" he says with a cautious optimism, while intercut with scenes of old people living in this dystopian Mad Max looking desert hell

[@jbloun911]

Orwell's 1984

[@britton6062]

don't you just love bullshitters?

[@next20yrs]

Actually the film clips were of a two week nomad meetup in Quartzsite, which I I have attended (even though I don't live in a van or RV). I can tell you that 1) It's not just old ppl (maybe 65%); there are a lot young nomads as well, 2) there is a wonderful sense of community... often so much less isolated than older people find themselves in traditional living), 3) this is hardly a desert hell, I can assure you (and I am quite a spoiled city girl). Learn to be less judgmental; you might find your life is more fun.

[@weantoine]

@@next20yrs awesome!!!!

[@mastersr1956]

i am retiring in 50 days and i am looking forward to it. The trick is to pay your debts off before you retire. I never plan to work for pay again after i retire

[@tedmccarron]

Congratulations on your upcoming retirement. I hope you enjoy it, go travel. See Mardi Gras!

[@dalton9493]

Congratulations 🎉. I’m 25 no debt but for the life of me I can’t save any money. Any advice you can give? I really don’t want to work till flipping 80 thank you.

[@tedmccarron]

@@dalton9493 the trick is to live frugally, invest wisely and figure out ways to make more money. There are weird ways you can make money that people don't even think about. from right now until July of this year there should be a huge demand for professional petitioners. If you run around with a clipboard getting signatures during election season, especially presidential election years, you can really make some big money. Another friend of mine told me about military contractors making huge money if you're willing to go somewhere like Afghanistan for a while and live on a base. I always thought that in order to do that you really needed To be an expert in something to be valuable to the military. Not true, From what I understand you can take crappy unskilled jobs and still make Big Money. Some people do it for a year and then come back home but they might make six figures tax free in the meantime!

[@mastersr1956]

@@dalton9493 where i work at when i started, we got a pension so that helped, then my place switched to 403 and i just put the minimum in my account every payday. It does add up the the trick is you should not touch it until you retire

[@lothean2099]

One thing I learned in the workplace, younger workers really dont want to work. They are not reliable. I have come to realize that older workers are better.

[@awilliams9191]

the real truth not said: good luck finding any job if you are over 45 years old - yes ageism discrimination exists today.

[@efzapp7]

Not just ageism but discrimination of handicaps. I was laid off when I was 57; I use a cane to walk. Damn, I couldn't find a job though I speak 6 languages and did int'l sales. After 2 years of looking my husband said forget it, stay home. Luckily, we owned our home and our bills were manageable. Now we are debt free and he will be retiring at 62. Yes, we will survive on our SS, his pension and 401k. We have a nice savings also but we've been saving since we got married. We never felt the need to keep up with the Jones; we did our own thing, living frugally.

[@marcusscottbalahari7198]

Ageism impacts women more as well.

[@darthvader5300]

How can you remain healthy when you are surrounded by over-chemicalized GMO foodstuffs and medical products and tainted water containing health destroying flouride, and organic foods and organic naturopathic medicines are not of the same high quality as they were 119 years ago? 32:42 to 33:39 kzbin.info/www/bejne/eGbHXoaIjdCje6M The problem with American medicine is that AMERICAN MEDICINE DO NOT CURE THE DISEASE THEY JUST MASK THE PAIN OF THE SYMPTOMS OF THE DISEASES SO THAT YOU AMERICANS WILL BE FORCE TO BUY AND BUY AND BUY AND BUY MEDICINES WITHOUT REALLY CURING THE DISEASES. BUT RUSSIAN MEDICINES IS TO CURE THE DISEASE PERMANENTLY BECAUSE IF YOU CURE THE DISEASES PERMANENTLY YOU SAVE MONEY, THE NATION SAVES MONEY, EVERYBODY SAVES MONEY WHICH ARE THE RETIREES, THE PENSIONERS, THE AGED, THE PATIENT, THE NATIONAL HEALTH CARE SYSTEM, ETC. But American BIG PHARMA does not care, does not wants to cure your diseases permanently, it wants you to buy, buy, buy, buy, buy, buy UNTIL HELL FREEZES OVER! Russian medical health care is based on America's ORIGINAL HILL-BURTON HEALTH CARE ACT which was sabotaged by Nixon by the introduction of the HMO ACT which is against the health interests of the patient and is against preventive health care. American HMOs does not want to cure you permanently so that they can milk you and the U.S government indefinitely through corrupt politicians and lobbyists. Russian health care is to CURE YOU PERMANENTLY SO THAT IT WON'T BE A BURDEN ON YOU AND ON THE STATE. Russia is also introducing quietly the Pre-Flood hyperbaric senior care shelters where the atmosphere is cleansed by greenhouses inside and is well insulated and has a lot of protective plants and THE PRESSURE IS DOUBLE OUR ATMOSPHERIC PRESSURE OF 14 P.S.I AND RAISED TO 28 P.S.I TO 30 P.S.I WITHOUT THE THREAT OF OXYGEN TOXICITY AND NITROGEN NARCOSIS so that the seniors, the aged, the disable can recover their health AND EVEN BECOME YOUNG AGAIN! A related post sent to a discussion list recounts the following unconfirmed information about rejuvenation effects noted by aquanauts living underwater for periods of 30 days or greater. CJT Enterprises one wrote: > Hi everyone, > > A friend of mine who worked for the NSA related an experiment that > was conducted by NASA. Three scientists lived on the floor of the ocean > for about 1-3 months in a biosphere. > > When they left they were all middle aged with graying hair and low libidos. > > When they returned their hair was clear of gray, their wrinkles had started to > disappear, and their sex drive was so increased that their wives complaied to > NASA about it. > > It turns out that certain glands and organs were "reactivated." One in particular > was the gland that lies over the top of the heart. Blood tests showed unusual > hormones. Hormones that are normally associated with the growth of young children. > > If you check the Creation Research Center and look up the url for the > Creation Research Institute you can then find the geologist who > recreated the atmosphere of the flood in a container. I havent checked > for his name yet. Been behind on my page and other projects, but I am > having a pastor friend look into it for me. > > > What if we take this knowledge and build a "room" that emulates the > atmosphere of the Earth before the flood and sleep in it for 8 hours a > day? What effects might it have? My friend from the NSA said that for > every day spent in there one year was added onto your life until you > maxed out at 1000.

[@dondean860]

age discriminations lives on in Obamacare , employers are expected to pay more to cover elderly employees than there younger counter parts . or they have to pay the difference from there pay check .

[@anncarratt3186]

I agree! I am a teacher and will probably be pressured to retire in my late 50s because it will be much cheaper to hire a teacher fresh out of college. I hope to work longer than that but who knows? Luckily I have savings and other income sources.

[@donaldnicol8415]

Last year 1 day after my 65th birthday I was let go from my annual seasonal employment,of 25 years.It was tough sledding, until I found a company run by Japanese people who actually like older employees.They expect 100% commitment to your 5 days per week job,with at least 1 month notice for mandatory overtime.The wages grow in increments like,don't miss any shifts for a month $85 bonus,overtime after 8 hours and Saturdays @1.5 times your hourly rate,free company supplied and cleaned uniforms,annual all employee bonuses based on how months and years you have worked,hiring anniversary raises,$115 per year for work boots,company paid benefits after 12 months,100% health coverage from your start date.Its a entry level job that is a 5 -10 minute drive from my house,only requiring me to fill-up my car 2 times per month,and service it 3-4 times per year.Learning how to use a complicated glitchy pick/pack program quickly, helps to keep an older way of thinking in the adaptable mode daily.

[@xtxt9135]

When the old age pension first came in, most didn't live to 65, the larger segment who did only lived about 2 years after.it was a real lottery win.

[@jkgkjgkijk]

Excellent insight!

[@monabiehl6213]

I retired when I turned 62. It was earlier than I had planned. I retired because things were not going well at my job. I live off of social security and pension. I have started a new career as a substitute teacher. I have not withdrawn from my retirement yet. I am still contributing to my Roth. I work about 25-30 hours a week and have a couple months off in the summer. I expect to work this much until I am 67 and then consider reducing my hours. If we live until we are 100, 60 is not old.

[@AchillesWrath1]

Save as much as you can. And then save some more. Save till it hurts so you can retire early and comfortable.

[@chadwilliams9141]

The problem isnt the savings it's the cost of all this shit even at 16hr. You have Bills for living house,food,transportation. Save what you can but remember your in a losing game.

[@AchillesWrath1]

@@chadwilliams9141 I guess i should have clarified. Invest your money don't necessarily save it. Never underestimate the power of compounded interest.

[@chadwilliams9141]

@@ALCAN52 47 and a little over 1 million? Man that works but get real million dont last do you plan on living another 40 years? A million ain't shit. Iam not saying expenses ruin you but if your smart you get into a place cheap and can liquidate fast. Real estate is a great investment renting is not a long term solution. I have no idea about your expenses but it sounds like you're by yourself? 1 million could last but you must be getting taxed up the ass. Hey good for you though.

[@tompain2751]

@@ALCAN52 Congratulations!People just spend all they earn,then blame every body/everything for their failings!

[@puregsr]

Think of all the student loans we must pay back before thinking about saving and the money lost from compounding interests

[@stevengriffith2457]

at <a href="#" class="seekto" data-time="524">8:44</a> "we forget that to age is to live" powerful words, its like my grampa used to say "youd be lucky to get old"

[@Once800-]

That’s why a lot of folks are moving to other countries; to retire.

[@steampunk888]

Decades of terrible individual and government decisions have led to this disaster and, worse, it is now being spun as an accidental set of demographic circumstances that is really nobody’s fault.

[@jgood005]

The government didn't prevent these people from saving for retirement. There's more to the story, but this film doesn't examine anyone's situation and budget in detail.

[@usefulidiot2842]

No accident at all it’s all part of the plan depopulation at its finest

[@wlonsdale1]

These same people lost everything in 2008.

[@jgood005]

@@wlonsdale1 No they didn't

[@nhmooytis7058]

SteamPunk exactly...Boomers blame everything and everyone but THEMSELVES. Always have since their adolescence- which for some continues into their 70s. Many Great Gen people lived in relatively good shape into their 80s and 90s, my dad was still working at 72, happily. He was the highest paid salesman in his company, til medical malpractice killed him.

[@paulbroderick8438]

About time for high schools to teach basic economics. Learning how to balance a check book is just not enough. It is important to make do and mend and not to become a slave consumer of things never needed or wanted in the first place.

[@zodglubby]

Cant have the sheeple wising up!!!

[@paulbroderick8438]

Indeed!@@zodglubby

[@bitchinbob2045]

Don't think that'll ever happen . Good point though .

[@mjohnson1741]

@@zodglubby Yep, it's against the agenda, which is the deliberate dumbing down of the US education system. That's not a myth but a real thing, we had the best education system in the world and the highest literacy rate in the 1800's but it was destroyed, by the Rockerfellers, Carneiges etc...they saw it as a threat. If you have time the late John Taylor Gatto a teacher wrote many books and lectured about it, namaste.

[@zodglubby]

@@mjohnson1741 thanks I will check that out.

[@cindi7228]

I’m 57 and I’m scared to death. America is freakin harsh.

[@johnnymichael1804]

You don't look 57 lol

[@mickmeadows]

America is the land of extremes! Many pros and many cons.

[@eventvisionsinc]

cindi trautmann same age here, and completely understand ,we are the last of the baby boomers. We grew up in a different world then now.

[@PhongNguyen-nz9kz]

Financial literacy, “those that know about compound interest make money, those that don’t pay for it” Albert Einstein.

[@shawncurtis3686]

@@Jj-gi2uv The fact that compound interest is accepted as normal shows how blind the masses are.

[@chrysoulano-name4033]

Being off a gold standard, boom and bust 2007,8,9 on top of inflation make saving money BS

[@davekkik2258]

even Albert Einstein never theorized negative interest rates cash bans and having to hide money outside the banking system

[@diegovasquez1501]

Share that with your ancestral brothers and sisters in Southeast Asia. Oh, I forgot in my haste to remember that they’re not financially literate, so to speak. Western markets have enabled your would-be rice-eating ass to have the luxury most people do not. But let’s be honest: everyone is a capitalist at heart, correct? Imbecile.

[@jbloun911]

'usury' and in Medieval times it was a capital punishment. i'll start the fire

[@robertbowersock3471]

I'm 51 and driving trucks across the country. There's a lot of people out here in there 60s and 70s,a few in their 80s out here. Its more of a lifestyle than a job which I plan on doing as long as my health holds out.

[@robocop581]

Better than being stuck in a stuffy office

[@bk4of4]

Robert Bowersock I pray your health is whatever you need it to be for as long as you need.

[@jcman240]

Surprising the DOT doesn't have a mandatory retirement age for drivers....

[@katme8055]

Robert Bowersock come to North Dakota, good wages low rent

[@zodglubby]

@@katme8055 LOw rent? really??

[@jameszhang1127]

Working is not the solution. Getting financially literate, save, and invest is the way to go.

[@sethseth9059]

Not if you have to look after ailing parents left financially destitute due to their illness; which in turn will leave you financially destitute, or your on that low wage treadmill the video talked about, or any number of reasons that people don't or cannot put money away. Maybe show some humility and get your head off of your ass boy. Great you lived with your parents until you were thirty and could do all this. CLAP CLAP CLAP

[@laboheme125]

Please be understanding that being financially literate, being able to save and invest is a privilege that not many people have. So many different components often play into why so many Americans can't save no matter how much they try. I'm in a position where I was able to leave the U.S. Work in another country, take advantage of the low living costs and I focus on paying off my student loans and building my finances. But not everyone is privileged to do so.

[@seventhchild7270]

James zhang.......with us officially being i n a recession, rates cut and will be cut even more, with 401k, mutual funds, IRA...more of a PONZI scheme than stable retirement, national debt 22 trillion and increasing, with banks, store, auto companies closings, with mass layoffs, mass medical costs, mass debt for the average American....car, housing, medical, STUDENT LOAN, credit card debt. Housing ...renting or buying...at an all time high....food cost and lost, natural disasters, child care....unaffordable. not to mention the continuously lies and manipulation of the stock market, rate cuts, etc.......SO.....TELL US HOW YOU ARE DOING IN THE NEXT 5 TO 10 YEARS....MR. MONEY LITERATE. SAVINGS, AND INVESTOR!

[@grandmassloppy697]

@@sethseth9059 good thing Steve Jobs, Jeff Bezos and Bill Gates don't have your mentality otherwise how would you be able to comment.

[@sethseth9059]

I would comment on another platform and by works made by someone else clown. If these three were never born I guess humanity would have stopped at the printing press. What a fucking a goof.

[@ericktowet3017]

We have people who are retiring at 35 and others at 60 trying to look for job bcs they cannot afford to retire. plan well

[@jessicareutercastrogiovann5796]

I have multiple physical disabilities, but I have to support my family and I've never been able to save a substantial amount of money. I don't plan to ever retire, and I doubt I'll ever have any substantial assets. And, I have 2 degrees, working on my third. And before anyone thinks I have useless degrees, my master's is in the sciences. It doesn't matter what you do, unless you are extremely lucky, no job guarantees you security.

[@mleolahi80]

It was the biggest shock visiting the US to see the elderly working hard, minimum wage jobs. I found it confronting, sad & frustrating that this was the norm. It’s a reflection of a society on how they look after their aged & sick. If they want to work go for it it. But if they have to work because they have no choice I think we can do better.

[@mleolahi80]

NOODLES 😴😴😴

[@joncoda365]

Ooooh, a new part of the life cycle, living in a van in the desert. Nothing wrong with a system that discards their elders this way.

[@chrisquas4113]

Yea the system would rather help illegal immigrants than help its elderly citizens

[@bitchinbob2045]

The system didn't discard them , they fucked up . My folks were poor , but they worked hard and paid off their house . Retired just fine .

[@johnswaim3919]

Jon Coda, Then endeavor to help them instead of whining about it. Could be a great opportunity to make some cash.

[@joncoda365]

John Swaim yeah, I’m a nurse.

[@harrisonwintergreen1147]

Why are you blaming 'the system' rather than these people's families?

[@craigenputtock]

I used to think 60 was old and worn out. Now that I'm 60---I know it is.

[@stevegrayson4124]

Speak for yourself Craig. I am 68 and still kickin' ass. Making more money now than when I was working and paying almost nothing in fed taxes.

[@ludwigvonmiseswasright4380]

Lolol!!

[@50zcarsman]

Me, too. Tax system at all levels is skewed against those with only W-2 (wage and salary) income and instead favors those making "passive" income such as rents. My taxes are 15-18%, and headed down pretty much every year. After the Passive Income and Investment Real Estate Depreciation rules and a couple other little set-asides are factored in, my AGI is only about 1/3 of what actually comes in each year. I'm taxed 15-18% on that one-third, and the rest I can spend. That means an effective tax rate of about 5.5%, folks -- 8% in a bad year.

[@pauly260]

I’m a Gen Xer. I’m going to work ‘til I die. I’ve known that since I was a teenager. The older generation never had to worry about that because of unions, tariffs, progressive taxation & the New Dealers that ran the country, four factors that are not around in my time. The yuppies got what they wanted and the elderly are now being thrown on the street. This is not the America I was raised to live in. I find it strangely fitting that the boomers will be the first ones to feel this. I guess forty years of neolibertarianism worked for someone, huh? Just not you.

[@dh4589]

Why are you spending beyond your means and not saving? Fund your retirement first and then whatever is left over is what you have to spend. Period!!! Get a room mate to share expenses and take the bus if you have to for transportation. Its not pleasant, but there is nothing that says your are entitled to the things you are overspending on. Your lack of funding for retirement is your own fault and nobody else's. Quit playin the victim card!!!

[@charlesshelton7989]

I'm a young millennial/older zoomer. I don't imagine retiring in my future. At least not luxuriously.

[@US_ARMY_25_INF._DIV.]

Most of these people made poor money decisions when they were younger.....did not save.....did not plan...I have been told through the years to start saving when young, but no one does it....true fact if you go to Star Bucks 5 days a week for 30 years it come out to about $110.000.00.....put that money into a 401K and watch the earnings......these same people who do this kind of stuff will tell you that they can not put away any money....how about buy a MR Coffee machine and drink at home ?.....these same people at 65 will cry and blame the government etc.....

[@JCReynardus]

There are two realities, the first is that people continue working for the love of what they do, because they understand the importance of having a healthy and active body and mind. The other is that people continue to work until old age out of necessity, because of the complexity of facing the socioeconomic challenges. I hope the first scenario is the dominant one in the future. I never get tire of saying it. Excellent work RETRO REPORT!!

[@robertcaya5875]

z1

[@robertcaya5875]

z1

[@robertcaya5875]

z1

[@emjenkins464]

My grandad does the first, he's also taken back up his motorcycle after over 40 years to keep himself busy and happy. But he's also using this job to save for a stereotypical retirement in a cottage or assisted living complex in a seaside town near us.

[@80sruler]

JC Reynardus I’m with you and will be part of the first group. I won’t need to work but likely will keep doing what I do a few hours a week

[@mekasamba5883]

I've beat my mind body and soul into the ground for 30 years. 5 years ago I thought I'd have a great retirement. Now, my retirement plan is a bullet to the head....Im 48. Lost everything.

[@ChaosBW]

If you have a gun shoot a wealthy person Any one A sports player A government employee A banker A celebrity They hardly work at all and make enough cash to retire at 20 but they just keep raking in cash Anybody with a Lamborghini, Ferrari, etc, should be eaten alive

[@mekasamba5883]

@@ChaosBW Wow... I'm not even sure how to react to this. You obviously never had anything to have loose.. I'm guessing I've paid a huge amount of taxes that pays your bills... Your on a totally different level sweet heart... I've owned high-end cars and homes. I'd bet I paid far more in taxes per year than you grossed for many years...

[@MazdaRX7007]

WTF, many car guys actually earn their money with jobs and businesses, a ferrari is worth less than an average house now anyways... it's the rockerfellers and rothschild bankers that you're looking for... Jesus man

[@daleval2182]

Find hope. Trade all you have for silver bullion and a Bible

[@mekasamba5883]

@@MazdaRX7007 Yep, no fucking idea what you tried to say.... I'm guessing because you've got nothing....

[@susanly4941]

I'm retired and have a comfortable life with savings all my life with 2 jobs,loss lots of savings on several downturn of stock market .Now, I'm more worry for my son,he is still young and struggle to have a simple job,this young generation having hard life because the lack of job even with a degree,it was plenty of jobs decades ago!

[@johnd4348]

I'm 58 and looking to retire soon. Not waiting till 65 or 70. 45 years of outdoor manual labor has taken it's toll.

[@jeffkline9191]

The people I work with have nothing saved for retirement but they can always afford to drink alcohol, go to movies, go to eat, go on cruises, buy new cars every 3 years. SMH.

[@missybe3238]

Exactly! This is the pattern of most people but in the end who gets blamed? Rich people. Rich people are not the ones making them buy unnecessary crap.:/

[@onezerotwofour184]

Jeff Kline I wish videos like this covered that part of the equation too. I know damn well I'm barely financially literate, but many people are clueless, doing nothing productive with their income over the course of their lifetime. Yeah life requires a lot of sacrifices when you're bringing in less than 150k/yr, but I'd generally agree with you that many of these people are examples of fuckups more so than an impossible system. General guidelines for saving money (which I doubt these people live by) include; Cutting down on housing expenses as much as possible. Drive a cheap and fuel efficient car (at most) only to work, the grocery store and back. Do as much of the maintenance as possible yourself. Don't make stupid financial investments, like worthless liberal arts degrees (STEM, trades, military or forget about it) Never make eating out a habit. Don't have pets or children. Don't travel. Don't buy any clothes beyond what is necessary to stay employed. Don't buy a fancy phone. Don't date or associate with people who cost you money, or opportunity cost against earning money (tell them to them to get out your life if need be). Don't be a criminal. Don't drink pop or anything that will increase your dental expenses. Floss after every meal. Don't drink, smoke or use any drugs. Don't live where there is ridiculous state income tax. Max out everything you can every year to lower your taxable income and subsequently always max out tax free savings accounts. Don't be a currency speculator where you have a guaranteed negative roi due to inflation but instead, find ways to hedge against inflation (index funds), until you can acquire better assets. If you're not doing all that at the very minimum, you are the cause of your own problems and have no real business complaining imo.

[@swiftkarma4436]

I get what your saying but why happens when you drop dead having never lived for nothing but saving money. Death comes for us all at some point.

[@onezerotwofour184]

@@swiftkarma4436 Fair question for sure, and you’re absolutely right that death is coming. As the saying goes, balance is key and because people are different, every individual (if they’re fortunate enough not to live under Communism) should try to define what is best for themselves and work intelligently to get there. Living to save money isn’t the main point, it’s just a large part of the process because everything has a price so financial resources are important in order to end up with substantial freedom. I’ve worked myself sick multiple times, and even though I can’t truly know if it was worth it, overall I think that as long as I’m prudent, I'll have more choices available to me in the future than if I didn't have these considerations. With that said I don't know the answers, I'm just trying to do what I think is best for myself given my situation.

[@jeffkline9191]

Fla Gal For me it’s balance. I work I save I live below my means and I get money working for me not me working for money or debt. I’m not depriving myself or family. Quite the opposite. I am providing security and balance. I am giving myself options.

[@a.d.b535]

I'm glad I don't have to retire ... 62 going on 25!

[@geckobrah4201]

“Hope I die beforeI get old”. The Who

[@DoubleDogDare54]

They all say that. Then when the doc tells you the problem is stage 4 cancer and you only have six months tops, suddenly they don't want to die before they get old.

[@eltonjonathan670]

Not buying what you can't afford, saving and investing, this is my escape plan and hopefully it's looking great, all thanks to Mr Stephan Briggs for his guidance.

[@oliverspencer6743]

Retirement feels more like a rat race.

[@goodebarth3773]

Different measures works for different people, I see myself working for a few more years after retirement

[@eltonjonathan670]

@Darlene Borges yes. Do you also invest with him??

[@philfletcher7477]

One will definitely grow gray hairs thinking of retirement. Lol

[@eltonjonathan670]

@Darlene Borges yes you should, investing with Stephan is worth the trial, there has been a massive improvement in my portfolio ever since i started investing with him.

[@kevinoglesby8001]

When I started working in the 80's No one ever said your health insurance would be more than your mortgage when you retire. In fact my employer said I would have free health care the rest of my life. What a lie that was!

[@johnswaim3919]

You believed it?!?

[@Dancesthroughthesky]

I am from Germany and here health care is really affordable and the system is not perfect, but working alright. You deserve better than the current system in the US.

[@waiferaway2983]

Wow thats good to know. God only knows what they are lying about now.

[@Xtramedium1961]

Meezmaire you won’t be saying that when Merkel is finished importing the Middle East Allahu akbar!

[@crazyjojp]

Never believe the person paying you. That's the only thing I got out of that.

[@FionavanDahl]

Thanks so much for including Bob Wells! He's a hero for vanlifers.

[@theshadow1477]

I cringed when this report recommended Bob Wells. Buying your way into homelessness is stupidity at it's worst, and so is quitting a good paying job or selling everything to become homeless. Full timing can be a great life, but not enough emphasis is put on the financial end of things. Far more emphasis needs to be put into jobs and money, and less into trying to escape responsibility and reality. Real estate tends to appreciate in value, while vehicles depreciate and often turn into money pits. If you do the financials honestly, full timing can be even more expensive than traditional living. People need to remember that these promoters are doing what they do for their own gain. They are not honestly doing it to help anybody but themselves. Scam artists are frequently very likable and convincing people, which is why they're so successful. There is nothing magical about full timing, far more people fail at it than succeed, and lose everything in the process. They make it sound much more glamorous than it actually is. I am a full timer once again, no thanks to any of the scam artist promoters, but because I learned from others who weren't doing it for their own personal gain. They taught me how to support myself while traveling, and better ways to do almost everything, and without any expensive purchases needed. Just a cheap, older, move in ready RV that cost less than a single months rent, and makes good financial sense.

[@user-ii5jh2ch2i]

In Switzerland, the Swiss have no problem retiring. In fact, many retire early. Plus have good savings. If Swiss work over the age of 64 women / men 65, it is purely their own choice not because they have to. I do not refer to foreigners living here, but to Swiss who pay into two compulsory pension schemes from age 18. This money stays in the two pensions funds, until one retires or chooses to retire. Retirees in Switzerland have a good life.

[@LonelyHeartsChannel]

<a href="#" class="seekto" data-time="517">8:37</a> this woman is out of sync! Aging is a blessing? Old people enjoy working? Wait till you're 65++ and lifting heavy boxes in a warehouse then repeat what you're saying

[@tonyjones1560]

"You ain't never lied." I'm in my mid-fifties. I spent most of my twenties in the military serving in combat-arms units and wouldn't consider working in a warehouse today because I simply couldn't physically do it for any significant length of time...and it wouldn't end well.

[@dennis2376]

So true. In certain jobs the job cause the body to wear out fast. Now I am 60 I have arthritis and ever joint is declaring a strike notice. Working at that point is no fun but you still have to work no matter what.

[@actualideas8078]

Yeah dude wtf is she saying?

[@VelveteenRabbit77]

Yeah what a colossal JOKE!

[@RT-vw6yw]

You've missed her point. She's saying it's a good thing that people are living longer and not dying as early as they used to. Living longer and aging is not the crisis; it's the lack of support for that new reality. Pay attention.

[@bigwheelsturning]

As an "old person" I'm not against working. It's the 3+ hour commutes to get anywhere that keeps me home. I also saved my money all my life.

[@1ex1uger-prank-calls]

"Anyone who's living a middle class life will face a very high risk of being poor when they're old." Great. So at least 85% of people will end up poor, because even getting a middle class job in today's economy is rare and difficult to the point that it feels like winning the lottery.

[@matthewnelson325]

@@ALCAN52 You sound eager to wash your hands of this !

[@harrisonwintergreen1147]

85% of Americans need to stop watching 'you're a victim' news and start watching Dave Ramsey videos

[@1ex1uger-prank-calls]

@@ALCAN52 Just like you chose to be stupid

[@MsMaxinejoy]

@@harrisonwintergreen1147 who is Dave Ramsey? 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣 "BETTER THAN I DERSERVE!" I can only speak for myself, at the end of this month August 31st 2019 I will be out of debt. It has been a long haul for me. I expect when I am an elder, should be better off than these poor souls in this video. yes, many people need to get with the Dave Ramsey program. 👍🏿👏🏿👍🏿👏🏿👍🏿👏🏿👍🏿👏🏿👍🏿👏🏿

[@atvridgerunner]

harrison wintergreen agree 100%

[@hdaviator9181]

This is what happens when you don't plan for retirement. It should be something that you start in your twenties if not sooner.

[@kondasixtytoo487]

what a perfect thing to say, "people growing older is not a crisis, its a blessing".

[@williamwilson6499]

<a href="#" class="seekto" data-time="120">2:00</a> That’s me...pulled the pin four years ago at 56 and haven’t looked back.

[@lolal2502]

Lucky you! Enjoy!

[@zodglubby]

Good for you man! enjoy. I had kids, and the ex wanted to upgrade, but its all goodmaybe by 66 Ill join ya

[@mutinlupa]

I live in San Francisco. I give kudos to folks living in vans, mini RVs, (like a Chinook campervan), and converted school buses. They can work and put money away. A rented bedroom in a crappy apartment in like 3k a month. Apartments are 3400-6000 a month. Better van living than all of your income to a greedy landlord. There are good public restrooms by the beach.

[@sfrealestatedealmaker6001]

Paul V That’s an awesome way to get robbed and killed by crazy homeless people. SF is a poop hole now. Been in SF all my life, but I own and it’s paid off. I don’t get why people want to torture themselves paying these silly prices... 49 other states to chose from. Can’t afford it? Move. Don’t live miserable.

[@sfrealestatedealmaker6001]

Mdmchannel Absolutely agree. I’m gen X not a baby boomer by the way. If you’re a millennial techie in the Bay Area (reading this post), get out before you waste too much of your time chasing the dream here. That dream is long gone. It may still be alive in Texas or Arizona though. 😂

[@sfrealestatedealmaker6001]

Mdmchannel I have friends that work for the giant tech companies and even they’re having to spend 40% of their take home pay to rent here. Ridiculous.

[@god6less]

no kids no wife = retirement

[@US_ARMY_25_INF._DIV.]

I am 55 and retired in Cebu Philippines.....I feel lucky and blessed, but I will have to say that I made good choices when I was young and worked hard to be able to live this great life I have now.....

[@patrickcannell2258]

To be honest life quality has deteriorated. Period

[@Xtramedium1961]

Patrick Cannell and why is that? Too many taking out and not enough contributors, if you move to a country you must be prepared to contribute

[@carlhorning4298]

to be honest the quality of life after 65 is gone forever . cat food for lunch yes the golden years

[@MsLia32]

@@Xtramedium1961 there is an idiot born every day. No, it's because the US is corrupted by the wealthy billionaires lobying to take everything from everybody else.

[@user-td7xf3gz4l]

Nope

[@666yaoz]

Quality of life in US increased, but it's a winner take all. If you cannot get into the median income by 30, it becomes really hard to get there later.

[@chadwilliams9141]

Working just to die kind of comfortable

[@andrewheffel928]

What is wrong with working hard for what you want and need? The greatest gift my lower middle class parents gave me was the attitude that no one owes me anything. If I want to get somewhere, I need to work for it.

[@Xtramedium1961]

Andrew Heffel up to a point, if you’ve contributed for 40 yrs you earned a break, and it would be feasible if the country wasn’t being flooded with people who believe they’re entitled to free stuff and have no intention of ever contributing themselves!

[@andrewheffel928]

@@Xtramedium1961 I partly agree with you. I don't like freeloaders that think they are entitled to unending help from others. I am ok with a social net to help people in a tough spot, for a limited time, like 6 months of unemployment insurance, or disability insurance, or food stamps for a year, or a homeless shelter for a whiile. We all need a little help sometimes. But there are some people that don't want to work at all, not good! And most of those are not recent immigrants, there are 3rd generation welfare moms. I am absolutely fine with legal immigrants, most of them work very hard and add to the economy, raise children, and pay their taxes. They become good citizens. I am totally against letting in illegal immigrants, to me they are cheaters that make it take longer to get citizenship for those that obey the rules. I have been on my own since I was 19. I left home with no money, no help, no college, and not a lot of common sense either. I got a slow start in life, I worked in a grocery store and did gardening till I was 32, and then got a job in construction. I eventually worked my way up to estimator. At 38 I bought my first home, it was modest but nice. At 40 I got married to a great gal who also believes in hard work and being frugal. We bought a nicer home when I was 43. We raised two great kids, put them thru college, and saved for retirement. I made good money the last 15 years of my work life, my wife was working too, and we saved all we could. I was able to retire comfortably at age 65, after working 46 years. I know not everyone is as fortunate as my wife and I. But we also did our part. People who do the minimum work possible and spend all they make, or like to party, have no hope of getting far in life. We were able to give our kids a college education, a car, and a swift kick in the butt to get a job at graduation, no sitting around the house for those two. We told them ahead of time they would be on their own the day they graduated. They both got good jobs and work hard, we drilled it into them without mercy. I have no regrets with them. I didn't want them to suffer as much as I did in my early years. One is a financial adviser, the other works for a big marketing company. I am so proud of them.

[@Xtramedium1961]

Andrew Heffel job well done Andrew, great story, enjoy your retirement !

[@andrewheffel928]

@Soviet Unionball And that's why they should work hard and save their money when they are of working age, so they don't have to work when they are over 65. Some may have never earned enough to save for retirement, I get that. But some made decent money and spent it without thinking about the future and then have to work till they drop due to their own lack of planning. The US has a good safety net to help the unfortunate, but people need to rely on themselves, not the government. Social Security was never intended to be your only source of income in retirement, you are expected to save the rest. And I guess you are right about me being a bootlicker. I have bagged groceries, stocked shelves, washed dishes, sold used cars, cut grass, picked up dog poop, and dug ditches with a shovel before I got my first break in life at age 32. I was 38 before I had anything to show for my work. Life can be tough. Mine was, but thank God, mine got better.

[@susieenglish302]

I love having older workers. Diligent, on time and willing to pitch in. Couldn't ask for better

[@mascara1777]

I feel bad for the older people at my job....some are pushing 80 and you know working was not their original plan. But some of them have started to lie about their technological skills (or lack thereof) and it has screwed up things for everyone else because we have to clean up the mess that they created by lying and messing up our database.

[@bradwalton8373]

Welcome back to the 19th century.

[@NickyDiamond44]

Working three jobs and working into one’s seventies is uniquely American. - W

[@diogenesw144]

@debunker300 Or they accidentally got sick... .

[@usefulidiot2842]

Lol what a joke I don’t smoke drink do drugs I earn the lowest amount for the 15 years I’ve worked never been able to afford a car or insurance I think ur talking outta ur ass

[@NickyDiamond44]

debunker300 you're obviously not uniquely American. Get a job bum!!!

[@matthewnelson325]

@ nickderonde Don't be such a negative ... A rusty nail in the eye is better than a rusty nail in both eyes !

[@matthewnelson325]

​@debunker300 You sound eager to wash your hands of this !

[@shirleytolson427]

I live in hamilton Ontario Canada and am 71 female and I have to work.

[@robertdenham9541]

kzbin.info/www/bejne/oqerZn58iJ2enKM

[@BostonGhost617]

If we (mid 80s to mid 90s generation) had it our way you wouldnt be having to we WILL fix this.....god bless you

[@UltPred]

So do the cost of living here is crazy.

[@lamondhaughton1598]

Money management and literacy is imperative. Instead Of the banks and companies making money off the employees . The employee need to learn money knowledge

[@williamschlenger1518]

Shirley Tolson I'm 75 in New Jersey perfect health. Come on down.😄

[@raybon7939]

born 1970 and i will retire at 58. if i cant i will live out there with them.

[@tompain2751]

Retirement is not to quit working!Aim for doing what you want,instead of what you have to do!

[@johnmonk66]

All my life while my friends made 25 to 50% more than me they laughed. Now in out 50's they are panicking about retirement. I am not. I will have a pension paying 70% of my salary, forever. And the 10% i put into deferred comp all these years is now worth more than they have in total. Sure they enjoyed nicer cars and the newest stuff while I saved, but when we hit 62 I have nothing to worry about. Listen folks. STOP spending. Save 10 percent, minimum, forever. If you save 5 k a year for 40 years, you can buy a nice little place for cash. RENT is your biggest bill. If you own it, and only have a small , maintanence bill, social security is enough. Oh, and in civil service salaries rise, so I actully make as much as they do now, but I live on 70% of it.

[@devinpeirce7152]

johnmonk66 payback

[@jasonasdecker]

@A Okay the AT, the PCT, so what is the third?

[@dwaynejones1555]

@Seymour Butts Tru Dat. A pension is no guarantee.

[@darylfoster7944]

@A wtf? You're healthy enough to walk the U.S.A. but you're going to live off the dole for the rest of your life? How about getting a job?

[@darylfoster7944]

@A Going to work is not being a wage slave. Who started that ridiculous expression? That's how capitalism works. You trade your labor for money, assuming that you have a skill that someone wants. And I don't understand how you can hike thousands of miles with back and foot problems. You seem like someone who has chosen to opt out of society.

[@elmobolan4274]

Only if ur rich, is it good to live a long life, otherwise old age is just a huge suffering burden to survive....

[@jcman240]

Wealthy people statistically live longer than people with less means....

[@howellwong11]

I'm not rich, but I am living a good life and a long life. It is all about having a good life plan.

[@hoguejp]

I don't agree with you at all Elmo. Who needs to be rich to be happy. I'm not saying poverty is good either.

[@elmobolan4274]

@@hoguejp hey man, it's a free country...

[@xtxt9135]

An ugly truth.

[@eckteckteckk171]

The American dream is dead.Middle class is dying

[@mattlourer9692]

Patrick Thibault they just want too much. Even in their old days they gotta have the $40,000 trucks and cars.

[@thc7865]

Slowly but surely this life sucks

[@droptozro]

Yeah.... no. Making average $50k-$55k/year right now taking care of a wife and 2 kids. We just started 2 years ago investing and could retire in 20 years based on conservative estimates in our 50's. Control your expenses. Only wish I'd started sooner so I could have retired in my 40's. Oh and these numbers are based on me never getting a better job/pay increase...which will happen.

[@phenton91]

@@droptozro where do you live? Cost of living is a factor as well. On that income most families won't have much left over after housing and healthcare.

[@droptozro]

@@phenton91 central Ohio area. We have a 30 year mortgage that we are paying like a 15 year or less mortgage. Investing 21% currently. I think cost of living matters but only in the extremes with regards to major cities in the USA. I know of people in Cali living on $50k and own a $300k house. They bought it as a fixed upper in the $200k range.

[@rredhawk]

I gave up on early retirement long ago. I have no problem working until I am old. My biggest problem is that my company/career may not keep me working as long as I would like. Several of my older co-workers have been "let go" in order to save the company money and higher younger, cheaper, fresher people.

[@thomaswalz3515]

69, fit, healthy, intelligent, can work hard... have decades of experience, and I get rejected from job after job. Headhunters want me... I get many calls every week. I get interviews, and almost immediate rejections... the only places that will hire me don't pay near what my skills are worth... generally about half of what I made 10 years ago. I can barely get by on SS... and find handyman work here and there.. I was a pro musician 20 years ago... I'm getting my chops back... and will see how that pans out. I'm lucky to have a still-working younger gal, who helps me out when I need it... she's kind... a huge plus...

[@madelynhall6880]

Take the lower paying job and live frugally..we have to change our paradigm...some money beats no money..find a lower paying job you enjoy..my dad who did not have to work ended up being that old guy at the entrance at the bank..but he loves to talk..he enjoyed it..he is now 79 and fully retired.

[@SydneyGreenstreet1227]

When the employer sees that date of birth on the application, it’s file 13ed.

[@Dano-uf8ys]

If you take care of your body and mind, 60 and up isn't old. Old is just a state of mind.

[@Xtramedium1961]

Dano1947 tell your kneecaps that!

[@jrob8764]

Sounds good but dementia really don't give a shit how good you think you are taking care of your health.

[@alexvirgoe4482]

Tell my overly dense bones that. My joints will be so screwed when I'm forty.

[@johnswaim3919]

@@Xtramedium1961 What part of take care of the BODY did you fail to comprehend?

[@jkgkjgkijk]

Tell that to your genetic code. Stupid comment sir.

[@mikhelBrown]

Consumerism is what's making more Americans poorer. If people save more, spend less and don't listen to stupid politicians, They will retire early and financially secure.

[@seventhchild7270]

Maybe......at least they wiIl be a better situation.....Financially secure, there is no such thing! One major illness, natural disaster, social security has 15 years....then cuts, private and public pensions will be cut, then there will be mass job loss, HOMELESSNESS, suicides, crimes, hunger, ......happening now...Will be worst

[@davemojarra4734]

Buy! Consume! These fools are lost.

[@s45gr32]

@@davemojarra4734 We need to change both our healthcare system and housing. You can save invest all you want but the moment you get sick all of your savings is gone. I met a person that lost all of its savings due to cancer

[@richardbowers3647]

You have just given a good reason not to get brain-controlled!

[@richardbowers3647]

@Robert Smith - - Bingo! You've nailed it! Go to the head of life! SAVINGS is everything! AND therefore, society is after your savings, equity, house, etcetera. It's the 'herd' syndrome thing! Thanks for saying!

[@danieldroukis5431]

Aging is a blessing? I had no idea how blessed I am

[@Columbus1152]

So much pessimism, you could be pessimistic at any stage of your life, too expensive, bad economy, rising prices, getting sick, etc. You have to be a survivor, as we age we experience more challenges so that by the time we're near retirement, we're about as ready as we'll ever be. If you don't plan, or you wait for someone else to figure it out for you, you'll probably be disappointed.

[@unkelfaka6216]

You can retire in Mexico on your ss. Homes for 20 grand. As soon as you can retire do it. Its called freedom.

[@Cryptonymicus]

Sounds great till you need a doctor or hospital.

[@sergiorobles7169]

@@Cryptonymicus they are cheaper and better in mexico than overpriced usa

[@Eaglejake]

@@Cryptonymicus Do some research and there are places in Mexico with good healthcare. Just look for where all the Americans live. SMH.

[@spenserhickssh]

@@Cryptonymicus that's weird I've met people in Mexico that are over 100 years old which would be rare in the US.

[@scottyflintstone]

but I'm an American!

[@waterman91966]

The ability to retire in many cases is planning or lack there of.

[@joseperez1085]

Joel Schneekloth you-nailed it, what ever happened to putting money away every week and investing?

[@bassmaster1953]

I am 66. Still work 6 days a week outside in the South. I play on 3 local tennis league teams with players a third my age and rest when I need it. I try to eat healthy non processed foods and only drink filtered water. I'm not financially wealthy so I stay busy working and playing. Life is good.

[@jamesmcconnell1041]

The cost of housing and goods needs to decrease. It cost to much to live in America and try to save for retirement.

[@kingtrance6826]

Mexico

[@jgacfhhahjjshggqhhqikwhh3919]

Yeah move to mexico after you retire,You can live like upper middle class lifestyle on Poor class savings.

[@jucuyo1]

I'm taking my ss retirement and my ass to another country to live comfortably

[@dabprod4962]

Forced saving.....through mortgage payments. NOT rent. Eventually the house is paid for and has increased in value many times over. A home is the biggest financial investment most Americans will make in their lifetime.

[@georgfriedrichhandel4390]

You're so right. Wages have stagnated but housing costs have increased almost twice the rate of inflation since the 1980s.

[@DoubleOddJosh]

Kids, this is why it's so very important to always save and/invest AT LEAST 10% of whatever you make....

[@berrybestfarmer9614]

I have saved 10% of everything i have ever earned over the last 40 years. My jobs have always paid on the low end (social services and retail)--averaging 20K per year after taxes. Half my savings were spent on medical and replacing a car when it was totaled and i was injured by an uninsured drunk driver. My total savings has been $80,000. I had $40K going into retirement. My monthly SS is $900 and wont cover rent. So...I bought a cheap piece of land and little RV. The county has issued me a ticket for living in my RV on my own land. Are you ready for this? The county has made it a misdemeanor. I am being threatened with being put in jail if i do not stop living in my RV on my land. America is dead.

[@lewisjeffreys9175]

Make it 20%, that's what I tell my girls. Do that and retire at 50 in comfort, no matter how much you earn.

[@berrybestfarmer9614]

@NOODLES Oregon

[@berdboy]

I RETIRED AT 43.... LOVING IT!..WORKED HARD..INVESTED AND SAID F/U TO MY BOSS ONE DAY..BEEN FREE EVER SINCE.. SO CAL

[@berdboy]

@@ALCAN52 orig owners son took over the shop i was at....i UNIONIZED it and was public enemy #1... been 10 yrs free now.. don;t know how i had time for a job!

[@johncasey5594]

I am 50. I have worked full time from home as a programmer for a major bank for the last 4 years. I intend to hang onto this semi retired lifestyle as long as I can.

[@cotheone]

And that is why at 37 years old, I am saving 33% of my income + I have 3 tenants paying my mortgage and I rent an appartement for myself + I drive a paid for 9 year old Honda and plan on keeping it for a long time. Liberty 55 here I come! I don’t want a lil van and the desert... but I plan to retire traveling 8 month a year in south est Asia ... with a pension, no mortgage and money in the bank.

[@RicciOlson]

My dad retired then went back to work because he couldn't stand doing nothing all day. He works full time and commutes 4 hours a day. He doesn't even need the money. Edit: my dad is 62.

[@zodglubby]

I would find something, 4 hr commute? Jesus, volunteer or something, give a young guy who needs it a job. somewhere theres a wife that needs to divorce rape him!!!

[@ph4ntomsoldier]

@@zodglubby Frustrating, I know. I can only imagine if some rich, old HR manager finally gives up their seat that I might be able to actually use my degree.

[@keithmahoney8699]

@@zodglubby if he commits 4 hours a day he needs the money

[@zodglubby]

@@keithmahoney8699 she said he doesnt even need the money

[@zodglubby]

@@ph4ntomsoldier boomers gonna boom

[@kathybost1879]

Save, invest and STOP buying so much crap!!!! Gheez your kids don't need every darn toy ever made, your kid does not need you to buy him a car, the latest gadget, all the videos games etc. It's obscene what people spend on their kids. The endless spending on new clothes, jewelry, 40 pairs of shoes, "we need to remodel the kitchen because it's 15 years old" get REAL people. If you end up poor you have yourself to blame. And stay HEALTHY !

[@boujiebarbie3198]

Living out of a vehicle? no toilet, no kitchen, no bedroom, no actual living. This is completely ridiculous. I can't believe any person has to live like this at that age.

[@thetruthsirmadame3247]

The sad reality of ageing. It will not get better because people are not having kids for the same reason old folks cannot retire. People don’t get paid enough and they don’t have enough money for any.

[@christopherharmon9336]

The smart people are spending their entire lives on the programs. Free everything-no worries.

[@richardbowers3647]

Solution! Reinvent yourself! You have to be interested in something. Don't let them take that away from you! Attach a spin to it of your choosing like a skill. Always learn to save while spending guardedly. Stop listening to the media! Stop seeing Hollywood stuff! No drugs! Quit the job, career, age talk as you'll never win that argument! Search out your interest work-place then research them! Then talk about what they need! Anything else & they aren't listening. Then go on to the next one. The road is paved with no, no, no, no, no, & yes! Much good luck.

[@righand]

The biggest difference is our grand parents went through tougher times than our parents or us. Our saving/investing rate/work-to-play ratio has gone down compared to previous generations. We got comfortable.

[@righand]

Audio you mean the 2008 recession? I live on the planet where my house isn’t on a sub prime variable rate loan. A place where you don’t pull all your money out of the stock market while it’s low. Not a very smart person are you.

[@amaratusn3394]

He lives on planet Earth, you know the 1 where recessions like 2008 take place rather commonly, it's called the business cycle. The whole problem is the world or specifically western society has been in an unnatural era of prosperity for over 70 years, or 55 if you only go up to the dotcom crash, the thing is we have a whole generation of people that grew up with governments that have delayed those problems and recessions by kicking the can down the road so they could maintain their popularity. We've all kid ourselves into thinking that not only will we have this unreasonable level of prosperity in the future, but that somehow we're entitled to it, simply because we've convinced ourselves we're smarter and better than those generations before us, like somehow we think we're suddenly just smarter than over 5000 years of economic theory, or "We live in the new economy", pure arrogance. I don't have the least sympathy for those damn NINJA loans, give hundreds of thousands to people who could'nt even qualify for an MTV credit card so they can buy a house that will always "increase in value", so no job, no income, or no assets and you wanna live in a house better than 90% of the world lives in and that would make your grandparents jealous, sounds like a pretty damn comfortable life to me..

[@kennethburton1115]

I'm currently 53 and I have worked labor jobs since I was 16, my body is tired and hurting and I'm not sure I will be able to keep up the pace where I'm at. I hope to retire at 65 but I'm having to redefine what retirement looks like. Retirement may look like my wife and I moving in with my daughter and her husband to make ends meet.

[@beastfromtheeast9318]

I plan to work as long as I can even if my retirement looks good. I’m trying to stay in the best shape possible each year I age

[@Mitzi73]

The old might be working in retirement but the younger generations will be be paying SS and getting none of it.

[@harrisonwintergreen1147]

Every year the SOcial Security statement says to not rely only on Social Security... but everyone I know who says they can't save for retirement eats out 4x week and has a $500/month trūck payment

[@richardbowers3647]

Understand those retired people were handed a paper listing every job & dollar they put into their SS! That's all they will get!

[@mackenzieowens161]

this

[@rgood1204]

Pass on contributing after 62. Have a good life.

[@kentfrederick8929]

I know a lot of people who had to retire at age 65, because of mandatory retirement. Many died within 2 or 3 years, because they never planned how to fill the time between 7am and 6pm. If you don't play golf, don't have one or more hobbies, aren't active at church, aren't involved in local politics, etc, retirement gets boring very fast. I've also known men who joke that they can afford to retire early, but they keep working to avoid some of the things their wives want them to do (honey-do list, going to seniors lunches at church, baby-sitting grandchildren, etc.).

[@genxx2724]

Men wither after retirement because their identities and egos are tied to their jobs. Regarding men avoiding responsibilities at home, I have colleagues who stay at the office late to surf the internet. Their wives think they’re working.

[@kentfrederick8929]

@@genxx2724 I know men who find yard work, home repairs, and the like simply frustrating. If a self-closing cabinet door slams shut, the solution is to learn to close it gently, rather than fix it. I doubt people are surfing the web at the office. If my wife surfs the web on a company computer, she gets reminders to stop, and those reminders go to her boss. If you get too many reminders, then it's a mandatory seminar on computer safety and policies.

[@genxx2724]

@@kentfrederick8929 We can use the internet on our computers at work.

[@kentfrederick8929]

@@genxx2724 for work items? At a former employer, my wife's boss was severely disciplined for personal shopping on-line. At another employer, employees were not supposed to use laptops at airports, on airplanes, or other public settings, even when disconnected from Wi-Fi, out of fear of corporate espionage.

[@genxx2724]

@@kentfrederick8929 I don’t doubt what you’re saying. It’s not the case in my office. Additionally, our work can make it necessary for us to research just about anything.

[@angelastewart1450]

Nice RV. I take that over any apartment.

[@pointnIaugh]

In my line of work, old people run circles around young people.

[@Excalibur2]

What line of work?

[@tomb70]

@@Excalibur2 he manages the illegal dumping of waste into the oceans.

[@ohwiseone142]

You must use typewriters

[@tyrone42ful]

The American dream was always ...a dream..,..wake up!!

[@Cruderacing]

I'm 69, work hard, work smart, save, invest, live way below your means, and you will be okay. Yes, a financial class in High School would be a great idea

[@MrWaterbugdesign]

I'm 65. Retired 20 years ago. When I was young I worked hard and listened to others tell me I was crazy to work so hard. They couldn't understand how I could retire at 45...didn't really know I had retired because I didn't tell anyone. They only knew I wasn't driving to work everyday. "What do you do?" I heard a lot. I was evasive. I joined the army out of highschool to pay for college. To pick a major I looked in the want ads for the most common job...something called "computers". That worked out. I loved programming. Others went to college for things "they loved". Here's the problem with that...how does a young person with almost no experience pick a career they'd love? They can't. Better imo to pick a career that pays well and who knows, maybe you'll like it. Because I worked a like of hours I didn't have time to spend a lot, so no debt. That set me up to not spend a lot in retirement and low expenses is what really made retirement possible for me. My rule is hobbies should have the potential to earn money, rather or not I actually monetized a hobby. Van life interested me, looked like fun. But as I researched the glowing KZbin videos where every day was a new fabulous location with perfect weather I saw a few problems. It rains sometimes. In cool weather high humidity inside causes condensation and everything becoming wet inside. You often have to park next to loud dicks. And then I looked at the numbers...van life is super expensive imo. Many van life people are doing what they've always done...make very short term decisions. They have no plan for buying their next rig. What do they do when they get so old they can no longer manage a van life?

[@marks.3798]

thanks for sharing that...awesome.