Summary

Faced with inflation, taxes and concerns over the size of Social Security benefits, most Americans are more afraid of going broke in retirement than they are of death.

In total, 64% of respondents across generations said they are more stressed about running out of funds in their golden years than the prospect of death.

Americans say they need $1.26 million to finance a comfortable retirement, yet the median amount saved is $87,000. “Certainly for boomers…inflation is a big deal.”

  • TrickDacy@lemmy.world
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    1 day ago

    I don’t agree with you at all that the problem most Americans have with poverty is that it intrinsically removes your worth as a person. The problem we have is that being homeless is absolutely heart wrenching to watch and we cannot even imagine how difficult that would be to experience.

    Edit: so everyone seems willing to believe people are vapid and soulless when there exists a very compelling alternative explanation. I guess humanity is as shit as it seems, guys.

    • kmaismith@lemm.ee
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      1 day ago

      Are you living in a different America than me? There are many many people around me who wouldn’t lift a finger to help someone they don’t know. “I would give him money but he would use it for drugs” and “i don’t want them becoming dependent on handouts” are both quotes i’ve heard from very otherwise charitable people while in a church. The very core of this culture has been infected with a deep malignant selfish fixation on money