1214
Not saying this is Hell, but it's pretty fucking close (thelemmy.club)
submitted 18 hours ago by to c/workreform@lemmy.world
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cross-posted from: https://lemmy.world/post/52502297

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[+] -11 points 11 hours ago* (last edited 11 hours ago) (5 children)

Not always, but often, people can save more and retire <60yo if they learn about it and plan ahead. Some people's identity is too tied to work and worry about losing that and don't want to leave. Of course companies should pay workers more and have benefits like in better countries, including healthcare for all, so boss can't use that leverage. Healthy lifestyle reduces common health issues too, cook at home healthy, mindfulness and be active. It all works together, simple living, improve skills for more income, side work, and DIY saves money, live healthier, keep adding FIRE skills for more autonomy, better health and retirement fund. Mustachians unite!

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  • [–] 6 points 9 hours ago (1 child)

    My grandpa is ~10 years retired after working as a pharmacist his whole career. He's calling my parents every month, asking for help with his rent and groceries because he can't afford both at once with his retirement and social security payments.

    Mind you, my grandmother did taxes and financials for small businesses, so it's not like my grandparents weren't set up. But my grandma's health went down, hospital bills ate all of their savings, and now that she's passed, my grandpa can't afford anything.

    It's not so black and white as "save more and just be healthy". Not even close

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  • [–] 4 points 9 hours ago* (1 child)

    Unfortunately, the gap between what people make, what people need to survive on ramen noodles and a closet for living in, and what people need to be able to save up for retirement, not just now, but when they are ready for retirement when inflation has vastly devalued their savings, is a very big gap. Only the most successful and lucky individuals get to retire at a reasonable age. The rest are work until they die poor. This was not true for many of the oldest generation, who had more buying power out of the money they made, but true for almost everyone that's first entered the workforce after the 1990s is facing this problem.

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  • [–] -2 points 8 hours ago

    This is not true in all places and often people "feel like" things are worse than they are, but yes some really are stuck, and more right-wing policies will make it worse. I worked since I was 14 but didn't start career until 2000. I spent within what I made, while friends didn't and they had financial issues. I worked hard at various jobs and had student loans that I paid off, paid rent, food, car, all of it. I fully agree that companies need to pay more, better benefits and universal healthcare, and we will only get those for all, if enough politicians are elected at once to pass big reforms. It sucks if it's really impossible to cut costs and learn new ways that MMM and others do, and it's not just higher incomes if you look into it. There is a post for jobs over $50k w/o degree, which is old so incomes should be more than that now. Ask how can you make this work rather than why it's impossible, you can do it! It is sad that some get stuck in a hole to start and keep digging in deeper, when they could learn how to do better. (not my blog but learned a lot from it and leanfire skills improve life generally) mrmoneymustache.com/2012/05/11/food-rules-a-shortcut-to-better-health/

    mrmoneymustache.com/2013/02/22/getting-rich-from-zero-to-hero-in-one-blog-post/

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