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this post was submitted on 11 Dec 2023
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Oh, like I had to do when I moved to another apartment? I had to wipe out my (tiny) Roth IRA just to pay the deposit. My wife had to wipe hers out just to pay the movers and all the other BS fees. We now have no retirement savings and haven’t since we moved six months ago. We both had to stop contributing to our IRAs in order to continue paying the bills. We’re not even paycheck to paycheck at this point, we’re at month to month.
We just had to refinance our mortgage because our credit card debt was out of control and the payments were too high.
But it did nothing to help with student loans or medical debts.
Yeah, I had to empty my 401k to be able to just keep renting and I've decided that it's probably not worth paying towards anymore since by the time I would retire they likely would tell me I need at least 8 times whatever I could afford to put in so I'll just plan for death as my retirement like Boeing would want.
Pretty much. I’m very much resigned to the fact that I’ll be working well after the standard retirement age and will likely die at work, with nothing but debt to pass on to… nobody because I can’t afford to have children.
Boeing actually found the longer you work the shorter you live so good news you won't work past retirement you will work until you die and then retirement age won't exist. It will be a myth from the past.