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“I don’t want to have to worry that everyone is constantly changing my financial reality,” said Alison Carey, 64, of Oregon, a freelancer in the theater industry. “Let the economy do its machinations, but don’t put me in the gears.”
Sorry you had to learn it this way, Alison, but "the economy" has always been grinding people up in its gears. The main difference is, that it is now reaching you, personally.
The main difference is, that it is now reaching you, personally.
Ah, republicans and not giving a shit until it hurts them, name a more iconic duo.
I gotta assume a theater freelancer in Oregon probably didn’t vote for him
I was thinking the same, but....people surprise you. I know some lesbians that moved out of one (red) state into Colorado because of how they didn't feel quite safe there....but then voted for donvict, because "Republican do conomy good" type of reasons, from what I can discern.
Holy fuck.
Oregon is more than the west coast. It’s only recently that the state isn’t literally, legally, run by the KKK.
Theater freelancer is also doing a lot of heavy lifting there, tbf
“I don’t want to have to worry that everyone is constantly changing my financial reality,”
Welcome to my entire adult life, Alison
a freelancer in the theater industry.
I wonder what that means. I'm not in the creative industry, but that sounds like that could be barely-subsistence type of money or something in the stratosphere... ?
"Victor Fettes, 54, of Georgia, who retired last week"
Fucking hell, you guys can retire at FIFTY FOUR?
He was senior director of risk management, so I assume more than 100k+ salary a year.
I'm surprised he kept his job so long, seeing how poorly he managed his own risks....
Don't worry, he won't stop working. He'll spend the next 15 years as a 'consultant' in his old position and make 100 times more than he did as an employee.
That’s the best part. The baby boomers created this shit and now they can’t retire. Good for them!
It's ok everyone they will all be a lot better off once manufacturing comes back to the US, they can make up the difference by working in a local sweatshop.
Yeah, just hold on and wait for those low paying, low skilled manufacturing jobs that no one really wants to work, and that we don't have logistics in place to support.
Then you can make minimum wage working 12 hour shifts with no pension and a 401k that will flatline right before you can retire.
When you die next to the assembly line they'll cover your face with a red MAGA hat right before they wheel you to the Soylent green processing facility
Didn't you hear? Vance is saying that manufacturing is never coming back to the US.
So even working in a sweatshop won't be an option. Well, I guess until we're colonized.
People at or near retirement age should have a 401k invested in more safe funds with a higher mix of bonds. Why would they have such a high proportion of stocks that a drop in the stock market would impact their spending habits?
Yeah, exactly my thoughts. At retirement age, most or all your investments should be low risk.
Good, it's what my parents deserve.
My mom retired last year. She also voted for Trump. She made her bed ...
I love you Internet stranger. And I hope you found some peace after moving out.
Let's go vote republican !
Aw dang it Aw dang it Aw dang it Aw dang it Aw dang it Aw dang it Aw dang it Aw dang it Aw dang it
Oh well, should have raised your kids to be better people.
Going to brag a little bit. I've been very suspicious of tech and the US stock market for a long time. When I finally got the job I have now and got to choose 401k contributions I went heavy with international stocks and specifically avoided anything involved in too much tech. My 401k has gone down in the last week but we're talking barely 3%. The paranoia sometimes works in my favor