And another thing...

[podling]

I was reading Fortune magazine this morning, there's this article about how sad the plight of Generation X is relating to job security, raises, debt, and future financial security. One person said something about wanting to die young so they don't have to worry about retirement. I've thought this myself occasionally. I wonder it it's a widespread thing. Well, I thought it was an interesting article, anyway, I mean, for something in a financial magazine. The one on househusbands was interesting too...

Comments

[toratigris.livejournal.com]

Well, I sort of understand that, but I don't know that we're really worse off than baby boomers... My mom keeps worrying that she won't be able to afford to retire at 65, despite owning her own home and having worked hard all her life. And I seriously doubt that my dad will ever be able to afford to retire completely, unless he inherets quite a bit of money from his parents.

Meanwhile I'm putting the maximum allowable by law into my 401k each year, so hopefully I'll be ok in my old age...

[podling]

Oh yeah, I know. There are some older people who planned ahead, but I somehow doubt even half the adults my parents age have. And who knows if and when either of them can retire. There was a good bit about how much college students owe in the article too, I have to say. And I think that was a good portion of the article. It was about debt, and how early and much people are getting into. But truly, even though I do save some, I don't really have high retirement hopes. I mean, sure, one day, maybe. And maybe by then I'll have paid off my school loans too. Heh.