this post was submitted on 17 Mar 2024
1022 points (96.6% liked)

News

23305 readers
3710 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
 

“There's this wild disconnect between what people are experiencing and what economists are experiencing,” says Nikki Cimino, a recruiter in Denver.

you are viewing a single comment's thread
view the rest of the comments
[–] themeatbridge@lemmy.world 192 points 7 months ago (88 children)

There's a term for this, HENRY. High Earner, Not Rich Yet. The lie is the "Yet". Millennials and Gen Xers have been struggling to reach the middle class that is kept perpetually out of reach. They have given up on the idea of financial solvency and are going into debt to indulge in luxuries like having children, going on vacations, and living somewhere that isn't a complete shithole. Saving for retirement is as realistic as training to live on Mars, so why bother? Keep digging a financial hole and then lie down and die in it.

[–] Zerlyna@lemmy.world 112 points 7 months ago (7 children)

Gen X here and I can’t afford to contribute to my retirement. Even had to withdraw some during unemployment. I’m either working until I die or hoping assisted suicide becomes legal in 20 years.

[–] negativeyoda@lemmy.world 79 points 7 months ago (2 children)

Yep. Same. I do pretty good for myself and I'm more fortunate than most, but I had to borrow money from my dad recently for a series of expenses I couldn't absorb in real time. I got the "you don't know how to budget" sermon. It felt as fun as you'd expect

I said fuck it and gave him a list of earnings and expenses (I'm pretty frugal) and he was like, "oh..."

load more comments (2 replies)
[–] SamsonSeinfelder@feddit.de 52 points 7 months ago (1 children)

Gen Millennial here. I can assist you on your suicide that day for a hot meal so I can at least eat on that day. Maybe someone from Gen Z can assist my suicide if I leave him my blanket then.

[–] clif@lemmy.world 20 points 7 months ago (1 children)

A hot meal? If you're eating the person who just suicided then you could probably stretch those left overs out for at least a week or two.

You might be on to something here....

[–] Cryophilia@lemmy.world 9 points 7 months ago

Sounds like a modest proposal

[–] TheBat@lemmy.world 37 points 7 months ago

assisted suicide

Is that when you die but take a billionaire with you?

[–] EldritchFeminity@lemmy.blahaj.zone 28 points 7 months ago (1 children)

On the bright side, 9mm is cheaper than a retirement home. Somebody's getting a blowjob on my 60th birthday, and it ain't gonna be me!

[–] ryan213@lemmy.ca 11 points 7 months ago

Damn, that's dark. Like my favourite kind of humour.

[–] Magister@lemmy.world 24 points 7 months ago

X here too, 53yo, cannot contribute to retirement. At 67 I will have to sell my house because I'll not be able to afford taxes, insurances, power, repair, etc

load more comments (2 replies)
[–] Semi_Hemi_Demigod@lemmy.world 49 points 7 months ago (12 children)

I might be "rich" when my parents die, depending on how much elder care they need.

I'm actually kind of looking forward to the day I look my kids in the eye and say "I'm going out to look for firewood" and just walk out into the snow and die.

But there won't be any snow anymore so I'll just wander off into a slightly chilly night.

[–] TheBat@lemmy.world 27 points 7 months ago

slightly chilly night.

You're a glass half full kind of person, aren't you?

[–] pythonoob@programming.dev 8 points 7 months ago (2 children)

What if we just financed all our kids advantages on our own credit for them and then promptly died?

What would happen to the debt?

Say I max out my credit card for their down payment on a house and then go "get firewood".

[–] jaybone@lemmy.world 6 points 7 months ago (1 children)

They definitely try to track large cash gifts when putting down a down payment on a house.

load more comments (1 replies)
load more comments (1 replies)
load more comments (10 replies)
load more comments (86 replies)