Current Events > Millennials want to retire by 61, but most have nothing saved

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Philoktetes
07/23/18 7:04:51 PM
#1:


https://www.cnbc.com/2018/07/17/ideal-retirement-age-for-millennials.html

theyre so entitled -_-
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Tappor
07/23/18 7:05:33 PM
#2:


haha yeah those silly millennials ~_~
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HylianFox
07/23/18 7:06:08 PM
#3:


We can't afford to save

Also, we have to spend money, otherwise we're anti-capitalist right?
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Patty_Fleur
07/23/18 7:06:20 PM
#4:


I'm 28 years old and I'm worth about -22,000 dollars.
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Solar_Crimson
07/23/18 7:06:27 PM
#5:


HylianFox posted...
We can't afford to save

Also, we have to spend money, otherwise we're anti-capitalist right?

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#6
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voldothegr8
07/23/18 7:11:20 PM
#7:


Want in one and shit in the other, see which fills up first
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FLUFFYGERM
07/23/18 7:13:20 PM
#8:


how in the fuck? do millennials not know how to fucking budget and save? if you dont have children and you have a significant other your finances should be easy mode
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HylianFox
07/23/18 7:14:06 PM
#9:


Anyway being on Social Security is great.

I may not have a lot of money, but I don't need to worry abut it either. As far as I'm concerned, I am retired.
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foreverzero212
07/23/18 7:17:14 PM
#10:


FLUFFYGERM posted...
how in the fuck? do millennials not know how to fucking budget and save? if you dont have children and you have a significant other your finances should be easy mode

all of their saving go to paying off worthless degrees. They also gotta pay single living expenses because incel.
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Muffinz0rz
07/23/18 7:18:16 PM
#11:


foreverzero212 posted...
FLUFFYGERM posted...
how in the fuck? do millennials not know how to fucking budget and save? if you dont have children and you have a significant other your finances should be easy mode

all of their saving go to paying off worthless degrees. They also gotta pay single living expenses because incel.

>Having a significant other is a detriment to your finances
>Living alone makes you an incel and is a detriment to your finances

Winning?
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Tappor
07/23/18 7:19:02 PM
#12:


Facetious
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#13
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Smashingpmkns
07/23/18 7:22:28 PM
#14:


I feel it. I mean I have a great amount of savings but my student loans take about a quarter of my paycheck lol I make good money but I have expensive hobbies I have to reel back on. Which is fine...

Probably good to note that I'm still in school lololol fucking kill meeeeeeeeee
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EndOfDiscOne
07/23/18 7:26:55 PM
#15:


I chose a practical major at a cheaper college, am married and have no kids. By my conservative estimates Im on track to retire by 62. Feels good.
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FLUFFYGERM
07/23/18 7:39:24 PM
#16:


Godnorgosh posted...
FLUFFYGERM posted...
how in the fuck? do millennials not know how to fucking budget and save? if you dont have children and you have a significant other your finances should be easy mode


Ah, to be privileged and naive


your parents pay your bills while you coast through a free education and get free cars and shit, so im not surprised you really have no idea what it means to be privileged and what it means to be responsible for a budget
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Muffinz0rz
07/24/18 1:57:11 PM
#17:


FLUFFYGERM posted...
Godnorgosh posted...
FLUFFYGERM posted...
how in the fuck? do millennials not know how to fucking budget and save? if you dont have children and you have a significant other your finances should be easy mode


Ah, to be privileged and naive


your parents pay your bills while you coast through a free education and get free cars and shit, so im not surprised you really have no idea what it means to be privileged and what it means to be responsible for a budget

Come on Fluffy, you can do better
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Romes187
07/24/18 2:13:32 PM
#18:


i had some money saved but a wedding and a kid killed me!

but i dont want to retire at 61. I like working so as long as I can keep doing what I'm doing, I'll go until 70-75*
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Coffeebeanz
07/24/18 2:15:02 PM
#19:


20-somethings don't have much saved for retirement?

Alert the presses.
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PoopPotato
07/24/18 2:16:09 PM
#20:


I've already accepted that I'll be working until I die.
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Abyssea
07/24/18 2:17:58 PM
#21:


what I decided to do is just... never move out and put all my rent money into my 401k. :o Not very glamorous, but I'll be able to retire when I'm 60!
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Sackgurl
07/24/18 2:30:04 PM
#22:


The data mostly suggests it's older people who are in real trouble- having nothing saved as a young person is easy to fix. Having not enough saved as an older person is not.

I'd assume most of my peers are stuck under a lot of student loan debt.
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SK8T3R215
07/24/18 2:31:07 PM
#23:


yikes @ the excuses ITT
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#24
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EndOfDiscOne
07/24/18 2:43:08 PM
#25:


imagine being a grown man and being okay with living with your parents
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Abyssea
07/24/18 2:47:10 PM
#26:


EndOfDiscOne posted...
imagine being a grown man and being okay with living with your parents


and when i'm 60 and don't have to work anymore, you'll still be slaving away at the salt mine. stay pressed!
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#27
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FLUFFYGERM
07/24/18 2:55:00 PM
#28:


Muffinz0rz posted...
FLUFFYGERM posted...
Godnorgosh posted...
FLUFFYGERM posted...
how in the fuck? do millennials not know how to fucking budget and save? if you dont have children and you have a significant other your finances should be easy mode


Ah, to be privileged and naive


your parents pay your bills while you coast through a free education and get free cars and shit, so im not surprised you really have no idea what it means to be privileged and what it means to be responsible for a budget

Come on Fluffy, you can do better


What are you complaining about? It's a legitimate criticism. His parents pay his bills and he is coasting through free education with a free car. He's the perfect example of the socialist teenagers who go to Starbucks and shitpost about capitalism on their Macbook Pro.
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Muffinz0rz
07/24/18 2:58:29 PM
#29:


FLUFFYGERM posted...
Muffinz0rz posted...
FLUFFYGERM posted...
Godnorgosh posted...
FLUFFYGERM posted...
how in the fuck? do millennials not know how to fucking budget and save? if you dont have children and you have a significant other your finances should be easy mode


Ah, to be privileged and naive


your parents pay your bills while you coast through a free education and get free cars and shit, so im not surprised you really have no idea what it means to be privileged and what it means to be responsible for a budget

Come on Fluffy, you can do better


What are you complaining about? It's a legitimate criticism. His parents pay his bills and he is coasting through free education with a free car. He's the perfect example of the socialist teenagers who go to Starbucks and shitpost about capitalism on their Macbook Pro.

Oh I thought you were talking about every millennial, not one in particular
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apocalyptic_4
07/24/18 3:04:18 PM
#30:


EndOfDiscOne posted...
imagine being a grown man and being okay with living with your parents


Homes in the GTA are selling for 800 thousand to 1.4 million while condos are going from 400 to 600 thousand.

I've been working 2 jobs to save up enough to move I'll need a down payment of at least a 100 thousand to get a home. If I lived anywhere else I'd of moved out years ago.
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Prestoff
07/24/18 3:10:04 PM
#31:


The way the economy is going, it's not surprising.
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#32
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cmiller4642
07/24/18 3:14:31 PM
#33:


We can squat in housing developments after all of these boomers are in the nursing home
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butthole666
07/24/18 3:19:03 PM
#34:


The coming economic crash is gonna be fucking apocalyptic
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#35
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spanky1
07/24/18 3:24:10 PM
#36:


butthole666 posted...
The coming economic crash is gonna be fucking apocalyptic

This.
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#37
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