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Not surprised. Looking at the polls as to why they're considering going back the vast majority of reasons are financial (even the top voted "Personal reasons"
by scottLobster 4y ago
Not surprised. Looking at the polls as to why they're considering going back the vast majority of reasons are financial (even the top voted "Personal reasons" I'd speculate is code for "I didn't plan well enough for retirement and I'm embarrassed").
As a generation, the top 50% of US baby boomer households control 98% of that generation's wealth. That leaves half of the largest generation in American history that likely doesn't have adequate retirement savings.
https://www.forbes.com/sites/nextavenue/2019/10/16/the-distressing-growth-of-wealth-inequality-of-boomers/?sh=5f5acfbf7897 https://www.forbes.com/sites/nextavenue/2019/10/16/the-distr...
- ticviking 4y agoI recently had some frank discussions with my parents, and in-laws about elder care. American society doesn't plan appropriately for this and I've seen serious tragedies in our extended family that would have been fairly easy to prepare if we had discussed them regularly. Things like which sibling is best positioned to be caretaker, and where does the family as a whole want to live(understanding that individual members might choose to go elsewhere).