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.”

  • WindyRebel@lemmy.world
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    19 hours ago

    That’s the thing that scares them—they don’t want to suffer before they die. Being poor is suffering to them and they know most don’t help the poor because they are part of the “most”.

    • Jo Miran@lemmy.ml
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      19 hours ago

      Being poor is suffering. to them

      In this country, being poor is or leads to suffering. That is a hard rule that applies to all, not just “them”. It is how the system keeps us rats on the treadmill.

      • WindyRebel@lemmy.world
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        18 hours ago

        You’re correct, but I am addressing those that are American and not yet poor and why they are afraid of losing their retirement wealth over dying. I’m not talking about being poor itself and what it means.

        • P00ptart@lemmy.world
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          18 hours ago

          Well that’s easily answered. It’s because they know how fucking easy it is to happen. They think if they leave their kids with enough wealth, they can just die easily “knowing” they left their kid in a good position but they trashed the world in doing so. They’re just the most thoughtlessly evil generation there ever was. Just fucking braindead to their own goals that they got from their parents. “Smell that? It’s the smell of money” no grandpa, that’s the smell of poverty and cancer you piece of shit.