Americans Embracing Possibility of Living to 100, Many Expecting Over Three Decades of Retirement

return2ozma@lemmy.world to News@lemmy.world – 42 points –
Americans Embracing Possibility of Living to 100, Many Expecting Over Three Decades of Retirement
finance.yahoo.com
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In this economy?!

The economy is actually some of the best ever we've had. Really good real wage earnings growth

https://www.bls.gov/news.release/realer.nr0.htm

Are you being ironic or just didn't read the report saying it either decreased or didn't change?

From February 2023 to February 2024, real average hourly earnings increased 1.4 percent, seasonally adjusted.

It didn't change much from a month ago, but since 2019 we've made progress

https://home.treasury.gov/news/featured-stories/the-purchasing-power-of-american-households

Earnings up 2.8 percent since 2019

How does this purchasing power increase compare with rent increases and price of groceries and gas?

This is real earnings, which means it's a 2.8% increase above the increase off those costs

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Lol inflation up 30%

This is real earnings, inflation could be 1000%

It's the increase in earnings above inflation

Sure, buying power increased since 2019 and my uncle owns Nintendo

You can believe right wing propaganda on TikTok, or real data by government agencies

The choice is yours

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