Why more Americans are making hardship withdrawals from retirement accounts

return2ozma@lemmy.world to News@lemmy.world – 65 points –
Why more Americans are making hardship withdrawals from retirement accounts
pbs.org
8

You are viewing a single comment

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. 🤷‍♀️

1 more...

Most people do. Half of millennials have funded retirement accounts and significantly more of Gen X and Baby Boomers do.

1 more...