Why more Americans are making hardship withdrawals from retirement accounts
https://www.pbs.org/newshour/show/why-more-americans-are-making-hardship-withdrawals-from-retirement-accountsOpen linkView original on lemmy.worldhttps://www.pbs.org/newshour/show/why-more-americans-are-making-hardship-withdrawals-from-retirement-accountsOpen linkView original on lemmy.world
Wait, you guys have retirement accounts?
Wait, you guys think we're going to have a civilization left to retire in?
That’s why I don’t mind pulling from mine.
By the time I’m “able” to retire, society will likely have either crumbled entirely or we might have passed onto a stage where we ensure that everyone has their basic needs met. Either way, this money isn’t going to help all that much. 🤷♀️
Ya, pretty much.
Wait, you guys think that money is safe?
Not anymore. I needed to eat.
Most people do. Half of millennials have funded retirement accounts and significantly more of Gen X and Baby Boomers do.
Seems theyre having trouble figuring out what all working class people already know
The answer is obviously that they’re super rich and they don’t want their yacht money tied up in accounts with withdrawal restrictions. /s