I'm 28, make less than 50k, and have no retirement savings

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Current Events » I'm 28, make less than 50k, and have no retirement savings
Am I just fucked? Is that it?
Forever Momo; Always EPic
You have another 32 years on average to make that happen.

As long as you are working towards something I wouldn't sweat it.
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Just give up
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Well that's a matter of how you feel about your own earning potential and whether or not it's something that's in your control or if you're truly being screwed by not getting the kinds of opportunities reflective of your skills/ability/potential.
I don't want to reply to you.
At 28 I was earning 32,000 per year.

This year Ive earned more than 4 times that. Things can get better.
Do you think youre worth more than that? If you know what youre worth, then go get what youre worth.
Cemith posted...
You have another 32 years on average to make that happen.
Pretty much this. You still have lots of time to figure things out.
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I didn't start saving/looking to the future until I turned 28. As stated above, you've got time. If you're realizing this now, you might as well start preparing.
fay ce que vouldras
TBQH I didn't start making over $50,000 until I was 29. Up until then my best salary was $40,000 (in 2014, it should be said) but my next job after that one spiked my income by 75% and took me to $70,000.
I don't want to reply to you.
Bleuets posted...
Do you think youre worth more than that? If you know what youre worth, then go get what youre worth.

You have to be given a job. You don't take it.

Don't worry TC, I'm 35 and don't have a job, and have no savings. Though retirement isn't a concern to me because I don't plan to live past 60. Your mileage may differ.
I would say you are, but that is because I have rather negative thoughts on what the future holds (generally speaking, the end of civilization and 99% of humans dying, most likely sometime before half of my otherwise remaining lifespan is done).

That said, you may also be on account of how extra greedy corporations are getting as they start sweating from their own fears on the future for various reasons. They want everyone to be in debt and to pay the ones who work for them as little as possible.

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Dark_Arbron posted...
You have to be given a job. You don't take it.


Not entirely true. You take it by working on yourself and making them want to give it to you. If you cultivate a career correctly, you can reach a point where interviews and recruitment processes are no longer about them deciding if they want you, but you deciding if you want to work for them.

I mean, they keep raising the retirement age. So by the time I'm finally able to retire I plan to just die.
Glob posted...
Not entirely true. You take it by working on yourself and making them want to give it to you.

When you send your resume via email and they don't even acknowledge it, that isn't because they saw you and figured you not having "worked on yourself enough." You had no agency in their decision. They know nothing about you as a person when choosing to delete your resume without even opening it.

"Taking" a job would be them giving you an unpaid day or two and seeing if you perform well. That would give you some actual agency over their decision.

Glob posted...
If you cultivate a career correctly, you can reach a point where interviews and recruitment processes are no longer about them deciding if they want you, but you deciding if you want to work for them.

Sounds like a privileged position to me. I wasn't born with such capabilities. I'm bottom tier trash so that isn't really an option.

Also, the fact that discrimination is legal doesn't help. It's already too late for me. I was the moment I was born really, but discriminatory factors since then have made it even worse.
it's not too late to start saving. start small with something like a 5% contribution to your 401k/etc from each paycheck.
I hope something good happens to you today
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Also what sort of living expenses are you currently faced with? Are they stretching you paycheck-to-paycheck or are you mostly living within your means and have the ability to save, even if you aren't making $50,000?
I don't want to reply to you.
Aim to put 15% of your income into a 401k or other retirement fund that your employer would match some percentage on
Advice from a dryer: Open the door to amazement. Don't shrink from your true calling. Accept life's wrinkles. Avoid overload. Reach into mystery!
There's still time, but the sooner you start the better. If you don't have access to a 401K then you can at least open an IRA or Roth IRA. Work towards stashing a bit of money each pay check at the very least. Your future self will thank you.
Many Bothans died to bring you this post.
Dark_Arbron posted...
When you send your resume via email and they don't even acknowledge it, that isn't because they saw you and figured you not having "worked on yourself enough." You had no agency in their decision. They know nothing about you as a person when choosing to delete your resume without even opening it.


No but thats at the start of a career, which is not what I was talking about. Once youre established, major players on your circuit may well know you by name and not even want a CV. They may approach you.
"Taking" a job would be them giving you an unpaid day or two and seeing if you perform well. That would give you some actual agency over their decision.


That is how some interviews work, to be fair. Ive had interview processes that have lasted up to three and a half days before.

But they can also base their decision on how you perform before you come to them. As Ive already acknowledged, that does depend on you being well-established and therefore well-known within your sector.

Sounds like a privileged position to me. I wasn't born with such capabilities. I'm bottom tier trash so that isn't really an option.


Youre talking shit. I wasnt born into privilege. My position now is privileged, sure, but I had to earn that position from the bottom.

Also, the fact that discrimination is legal doesn't help. It's already too late for me. I was the moment I was born really, but discriminatory factors since then have made it even worse. And I don't mean discrimination as in "picking the better candidate." I mean discrimination on grounds that should not be legal.

Youre a bit of a broken record on this one but any time I ask you to clarify you just ignore the message, which makes me think youre not entirely sincere.
Glob posted...
No but thats at the start of a career, which is not what I was talking about. Once youre established, major players on your circuit may well know you by name and not even want a CV. They may approach you.

That is how some interviews work, to be fair. Ive had interview processes that have lasted up to three and a half days before.

But they can also base their decision on how you perform before you come to them. As Ive already acknowledged, that does depend on you being well-established and therefore well-known within your sector.

Youre talking shit. I wasnt born into privilege. My position now is privileged, sure, but I had to earn that position from the bottom.

Youre a bit of a broken record on this one but any time I ask you to clarify you just ignore the message, which makes me think youre not entirely sincere.

When have you asked me to clarify on that point about discrimination?

I am legally discriminated against on two grounds - 1. been out of work for a while, and 2. criminal record. Neither of these things I can "change" on the spot any more than someone can change their skin color, which makes them unreasonable (and should be unlawful) grounds. And since employers actively keeping me out of work based on them means the government has to keep paying me welfare, the government should be having a little chat with them about it.

A chat including "stop discriminating and costing us money or we will seize your business, and if you're unlucky, your house too. Starve on the street the way you let so many other people."
Dark_Arbron posted...
When have you asked me to clarify on that point about discrimination?

I am legally discriminated against on two grounds - 1. been out of work for a while, and 2. criminal record. Neither of these things I can "change" on the spot any more than someone can change their skin color, which makes them unreasonable (and should be unlawful) grounds. And since employers actively keeping me out of work based on them means the government has to keep paying me welfare, the government should be having a little chat with them about it.

A chat including "stop discriminating and costing us money or we will seize your business, and if you're unlucky, your house too. Starve on the street the way you let so many other people."

I have asked you in multiple other topics, but then you just never post in them again.

While I can understand that your situation is frustrating, I dont think its fair to compare it to racism. Yes, its true that you cant go back and change the past, but can you honestly say that your choices have not played any part whatsoever in both you being out of work for a long time and having a criminal record? Because nobody gets to choose their skin colour.

I do think that some employers penalise too hard for having literally any kind of criminal record. I can also see that some convictions and some jobs are simply not compatible at all. I have no problem with my employer insisting on none of the staff having a criminal record for instance, as it becomes a safeguarding and liability issue because we work with children.
Glob posted...
I have asked you in multiple other topics, but then you just never post in them again.

I tend to post late at night, then go to bed, and since this board moves so quickly the topic could easily be on page 10 by the time I wake up. I simply forget.

Glob posted...
While I can understand that your situation is frustrating, I dont think its fair to compare it to racism. Yes, its true that you cant go back and change the past, but can you honestly say that your choices have not played any part whatsoever in both you being out of work for a long time and having a criminal record? Because nobody gets to choose their skin colour.

Regardless, "you should have thought of that before [x]" is not constructive. And if rehabilitation is to be possible, the past needs to be left there and not allowed to be dredged up against you.

Glob posted...
I can also see that some convictions and some jobs are simply not compatible at all. I have no problem with my employer insisting on none of the staff having a criminal record for instance, as it becomes a safeguarding and liability issue because we work with children.

Of course. Workplaces that work with vulnerable people have a right to be wary of that. Warehouse hiring managers on the other hand do not. Unless your record is "stealing from your employer" or something actually relevant, it shouldn't even be legal to ask.

The only conclusion I can make, since my problems were ongoing for years even before the criminal record, is that employers just somehow know by reading my name that I'm a waste of space. Which would be fine, but I still need to eat. This is why I get angry at people who say "suicide is never the answer." Speak for yourself. People like me have fucking good and demonstrable reason to just cut things short. Nothing to lose, and no one would care.
Dark_Arbron posted...
I tend to post late at night, then go to bed, and since this board moves so quickly the topic could easily be on page 10 by the time I wake up. I simply forget.

Regardless, "you should have thought of that before [x]" is not constructive. And if rehabilitation is to be possible, the past needs to be left there and not allowed to be dredged up against you.

I get where youre coming from, but if youve got nothing over another candidate and the only thing that separates you is your criminal record, its not unreasonable to think that the other candidate seems a better choice.

However, youre right that convicts struggling to find work damages rehabilitation success rates and can actually drive people further into criminality as legitimate employment is held beyond their reach. Im not saying its always right to do, Im just not a fan of the comparison to racism.

Of course. Workplaces that work with vulnerable people have a right to be wary of that. Warehouse hiring managers on the other hand do not. Unless your record is "stealing from your employer" or something actually relevant, it shouldn't even be legal to ask.

I think the problem is in seeing all convictions in the same way. The nature of the conviction matters, the recency, whether it was an isolated incident or a pattern of behaviour, etc.
Dark_Arbron posted...
When you send your resume via email and they don't even acknowledge it, that isn't because they saw you and figured you not having "worked on yourself enough." You had no agency in their decision. They know nothing about you as a person when choosing to delete your resume without even opening it.

"Taking" a job would be them giving you an unpaid day or two and seeing if you perform well. That would give you some actual agency over their decision.

Sounds like a privileged position to me. I wasn't born with such capabilities. I'm bottom tier trash so that isn't really an option.

Also, the fact that discrimination is legal doesn't help. It's already too late for me. I was the moment I was born really, but discriminatory factors since then have made it even worse. And I don't mean discrimination as in "picking the better candidate." I mean discrimination on grounds that should not be legal.

Look... I started out stocking shelves at Walmart for $8 an hour, now i make about $130K a year... stocking shelves. What Glob said is exactly what I did: Build myself up within my career field, got a rep for my ability, and then I took the job I have now when it became available,and over the years I stayed consistent and kept building on my success.

I don't want to hear anything about luck, etc., as luck is a factor in *everything* in your life, so that's no excuse. The only "lucky" thing about me is that I was there when the opportunities presented themselves -- but I made sure to be open and available to any opportunities at all times, as well. Hardwork not paying off is a myth, all that matters is how tenacious and ambitious you are. I've failed many a time before where I'm at now, too.
Dark_Arbron posted...


The only conclusion I can make, since my problems were ongoing for years even before the criminal record, is that employers just somehow know by reading my name that I'm a waste of space. Which would be fine, but I still need to eat. This is why I get angry at people who say "suicide is never the answer." Speak for yourself. People like me have fucking good and demonstrable reason to just cut things short. Nothing to lose, and no one would care.

Okay, you edited this bit on.

The issue wont be your name. Something about your applications was obviously off. Applying for jobs is a skill. It comes naturally to some and others have to learn it. Unfortunately, its a skill that often isnt actually relevant to the job itself.

As for the later part of the paragraph, you need to get some help dude. See a professional. You are clearly not in a healthy state of mind to be saying such things. There are people who can help.
kinetika_ posted...
Look... I started out stocking shelves at Walmart for $8 an hour, now i make about $130K a year... stocking shelves. What Glob said is exactly what I did: Build myself up within my career field, got a rep for my ability, and then I took the job I have now when it became available,and over the years I stayed consistent and kept building on my success.

I don't want to hear anything about luck, etc., as luck is a factor in *everything* in your life, so that's no excuse. The only "lucky" thing about me is that I was there when the opportunities presented themselves -- but I made sure to be open and available to any opportunities at all times, as well. Hardwork not paying off is a myth, all that matters is how tenacious and ambitious you are. I've failed many a time before where I'm at now, too.

I can't even begin to replicate anything you've said without being given a job to start out with. My problem isn't a lack of upward mobility. My problem is being a waste product beneath all attention, by birth.

Glob posted...
I think the problem is in seeing all convictions in the same way. The nature of the conviction matters, the recency, whether it was an isolated incident or a pattern of behaviour, etc.

Which is why it shouldn't be legal to ask for it, and they should have to apply to the government (with good reason) for it to be shared. The court of public opinion needs to be dissolved.
Glob posted...
As for the later part of the paragraph, you need to get some help dude. See a professional. You are clearly not in a healthy state of mind to be saying such things. There are people who can help.

Yeah, people with good (or at least better) lives tend to say this. In my case where I have zero to live for, my words make simple and concise sense. In my case, ending my life wouldn't be that far removed from euthanizing a person with a terminal illness. In both cases we have no future and only a shitty present.
Dark_Arbron posted...
I can't even begin to replicate anything you've said without being given a job to start out with. My problem isn't a lack of upward mobility. My problem is being a waste product beneath all attention, by birth.

Youve said this twice now in this topic. How is your status from birth any different from mine? You accused me of being privileged earlier. What privilege do you believe I was born with but you werent?
Never too late to start improving things. I'm 34 and currently going back to school to earn a degree and get a better paying job
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Glob posted...
Youve said this twice now in this topic. How is your status from birth any different from mine? You accused me of being privileged earlier. What privilege do you believe I was born with but you werent?

I said you were speaking from a position of privilege (someone with an established career, so the hard part is behind you), not that you were privileged from the start.

And as I said, I can't begin to replicate "start at the bottom of the ladder, work your way up" when the ladder is 50 feet above me.
Dark_Arbron posted...
Yeah, people with good (or at least better) lives tend to say this. In my case where I have zero to live for, my words make simple and concise sense. In my case, ending my life wouldn't be that far removed from euthanizing a person with a terminal illness. In both cases we have no future and only a shitty present.

No, your words make sense to you because youre not of sound mind.

Part of the reason Ive pushed back against some of what youve said is because its not actually very coherent in the way that you think it is.
NoxObscuras posted...
Never too late to start improving things. I'm 34 and currently going back to school to earn a degree and get a better paying job

I left tertiary education having studied software design. I was told in high school that IT was the future. Proceeded into unemployment with employers ignoring me due to lack of experience (which should also be illegal - it's not far removed from NIMBY). A degree is no guarantee of walking into a good job. But you're not me, so you'll probably do better.
[deleted]
Dark_Arbron posted...
I said you were speaking from a position of privilege (someone with an established career, so the hard part is behind you), not that you were privileged from the start.

And as I said, I can't begin to replicate "start at the bottom of the ladder, work your way up" when the ladder is 50 feet above me.

But youre moving the goalposts now.

You claimed to always have issues, even before conviction. Which means the situation which you claimed was impossible to navigate clearly wasnt because Ive done it and so have loads of others.

Youre jumping between blaming things on a criminal record and insinuating that you were naturally so disadvantaged that it was impossible to succeed, despite having no reasonable explanation of the latter.

This is why you should seek help mate. Your mindset isnt letting you think straight.
Glob posted...
But youre moving the goalposts now.

You claimed to always have issues, even before conviction. Which means the situation which you claimed was impossible to navigate clearly wasnt because Ive done it and so have loads of others.

Youre jumping between blaming things on a criminal record and insinuating that you were naturally so disadvantaged that it was impossible to succeed, despite having no reasonable explanation of the latter.

This is why you should seek help mate. Your mindset isnt letting you think straight.

Can the "help" give me a job? If not, it's a waste of time. Psychologists can talk to me about "thinking positively" all the want. GPs can put me on more antidepressants (a scam) all they want. None of that will scoop my brain out and give me a better one. None of that will give me a body with better genes.
Dark_Arbron posted...
Yeah, people with a reason to live tend not to understand the perspective of someone without. Can you state even a single reason I have to live? That you can tangibly demonstrate.

I dont know you or your circumstances, so thats not really a fair ask, is it?

But ultimately, potential for things to get better. Even if I assume that your assessment of your life being completely empty of any positive aspects is correct (and Im sceptical), that doesnt mean it always has to be.

Dark_Arbron posted...
I left tertiary education having studied software design. I was told in high school that IT was the future. Proceeded into unemployment with employers ignoring me due to lack of experience (which should also be illegal - it's not far removed from NIMBY). A degree is no guarantee of walking into a good job. But you're not me, so you'll probably do better.

How long ago was this? Blaming the advice you got in high school on where you are now seems incredibly bitter and not particularly useful.

For what its worth, I was told that I should join the military as it was my best chance of staying out of prison.
Dark_Arbron posted...
Can the "help" give me a job?

Directly? No.

But it can help address the twisted mindset you have towards the whole situation which isnt going to hurt your chances.
As I said, I'm 35, so high school was about half my life ago.

All I have in life worth staying alive for is one family member and two cats. Once they're gone I will truly have nothing left, so that's an upper limit of 60-65. Which means I won't have to worry about retiring with no superannuation (what we call 401k in Australia). But it does mean I have to hold out for 25 fucking years with nothing to offer.
Dark_Arbron posted...
I left tertiary education having studied software design. I was told in high school that IT was the future. Proceeded into unemployment with employers ignoring me due to lack of experience (which should also be illegal - it's not far removed from NIMBY). A degree is no guarantee of walking into a good job. But you're not me, so you'll probably do better.
Sorry to hear that. I work for the government, so I won't run into the same issues with employers ignoring me (if I meet the requirements, they legally have to interview me). The main thing holding me back is that a lot of the higher paying positions require a degree or equivalent experience.
PSN - NoxObscuras
Z490 | i9-10900K | EVGA 3080 FTW3 Ultra | 32GB DDR4 3600 | 4TB SSD
Well this topic got hijacked...

My head's not torn off, my sunglasses aren't broken. Amen, hallelujah, peanut butter.
Crimson_Corsair posted...
Well this topic got hijacked...

You know what, youre right.

Im sorry. I wont post in it again.
Glob posted...
Directly? No.

But it can help address the twisted mindset you have towards the whole situation which isnt going to hurt your chances.

Been seeing one for over a year. Since I was arrested. Zero change. Because my problems aren't things you can be talked out of, they are real and tangible. Hence why I'm skeptical of antidepressants and "depression" in general. Sounds like a convenient excuse to why someone's mood is low.
Dark_Arbron posted...
Can the "help" give me a job? If not, it's a waste of time. Psychologists can talk to me about "thinking positively" all the want. GPs can put me on more antidepressants (a scam) all they want. None of that will scoop my brain out and give me a better one. None of that will give me a body with better genes.
Dammit.

You're one of a handful of posters on here that I actually like. The right healthcare professionals (and others) can help you more than you think, but you have to let them do that.

Keep trying.
'Vinyl is the poor man's art collection'.
I honestly didnt start saving for retirement until 29 >_> You got time. But make something happen with that time.
https://imgur.com/aMaI3hj https://imgur.com/7PsdJNc
https://imgur.com/eK8vZVn https://imgur.com/u2HR4nG https://imgur.com/nQGM5cZ
Annnnnnnd he is gone.
My head's not torn off, my sunglasses aren't broken. Amen, hallelujah, peanut butter.
How much debt do you have?
http://i.imgur.com/plA0Vg9.gif
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Im 35, and while I do have money in the bank, I only make like $36,000 a year.

I wasted so much time working at a shitty low paying job because it was StEaDy WoRk AnD hAd GoOd BeNeFiTs and Im so freaking far behind lol. I cant afford further education (I only have an associates degree) and honestly I dont even know what Id go for. Like, what would be worth the time, money, and energy / stress / frustration that would lead to a well-enough paying job that would also meet my schedule and commute needs.

I sure as hell deserve better than what Ive got. I just dont know how to achieve it.
Three rings for the Elven-kings under the sky, seven for the Dwarf-lords in their halls of stone, nine for mortal men doomed to die


I always manage to kill these kinds of topics. Sorry about that
Three rings for the Elven-kings under the sky, seven for the Dwarf-lords in their halls of stone, nine for mortal men doomed to die
I got bailed out by a fairly fat inheritance. It's in the hundreds of thousands of dollars, including investment funds I inherited that are doing very well.

If you got kids, be sure to leave them something because they're going to need it as future generations are going to have an even tougher time than we did.

I've got most of my inheritance tied up in investments, and that's more than enough for retirement. I'm busy consolidating my investments into municipal bonds, and S&P 500 index funds.

My house is paid for, I drive a 2022 dodge ram, it's paid for, my bank account is fat, my investments are fat. To be perfectly honest, I could just work a part time job to cover my living expenses until retirement age. You could also leave your kids or nieces/nephews in a similar position when the time comes.
Current Events » I'm 28, make less than 50k, and have no retirement savings
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