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20 sats \ 5 replies \ @Undisciplined 30 Dec 2024 \ parent \ on: Europe: The World's Retirement Home charts_and_numbers
The Boomers ain't transferring nothin'. We have to build our own wealth and stop thinking about transfers.
I realize this.
They will probably use what little they saved in their retirement, as costs increase.
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Yep. Most of it will go to outlandish medical expenses.
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Depends on much they focus on their health.
Some people get into that kind of stuff.
And when they have more time in retirement...
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Just routine medical expenses and eventual nursing home care wipes out whatever financial resources people had left.
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Routine?
More like health crisis will bankrupt them.
Especially the costs in the usa.
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